Rajandran R Telecom Engineer turned Full-time Derivative Trader. Mostly Trading Nifty, Banknifty, USDINR and High Liquid Stock Derivatives. Trading the Markets Since 2006 onwards. Using Market Profile and Orderflow for more than a decade. Designed and published 100+ open source trading systems on various trading tools. Strongly believe that market understanding and robust trading frameworks are the key to the trading success. Writing about Markets, Trading System Design, Market Sentiment, Trading Softwares & Trading Nuances since 2007 onwards. Author of Marketcalls.in and Co-Creator of Algomojo (Algorithmic Trading Platform for DIY Traders)

Nifty and Bank Nifty January Futures Overview – V

29 sec read

Nifty Futures Hourly Charts

Nifty Futures Hourly

[wp_ad_camp_5]

 

Nifty futures turned to positional buy mode on 10th January and currently the support zone comes around 6265. However Bank Nifty futures turned to positional buy mode on 15th January and currently the support zone comes around 10966. Reverse your position to positional sell mode only if the support zone breaks on the hourly charts.

Recommended : Visit here For Live Nifty and Bank Nifty Futures Signals

Bank Nifty Futures Hourly Charts

Bank Nifty Hourly

Nifty Options – Open interest

on 10th January active put writing started in Put writing started in 6000PE and 6100PE and later they extended to 6200PE. And currently Put writers are confident on 6200 as support zone for this series by building a higher open interest among the option series.

open interest

option Pain for Nifty

The current Option Pain for Nifty is around 6250

option pain

Rajandran R Telecom Engineer turned Full-time Derivative Trader. Mostly Trading Nifty, Banknifty, USDINR and High Liquid Stock Derivatives. Trading the Markets Since 2006 onwards. Using Market Profile and Orderflow for more than a decade. Designed and published 100+ open source trading systems on various trading tools. Strongly believe that market understanding and robust trading frameworks are the key to the trading success. Writing about Markets, Trading System Design, Market Sentiment, Trading Softwares & Trading Nuances since 2007 onwards. Author of Marketcalls.in and Co-Creator of Algomojo (Algorithmic Trading Platform for DIY Traders)

Nifty and Bank Nifty Straddle Premium, Implied Volatility and…

Focusing on the straddle premiums is quite important as we are nearing the major economic event of Budget 2023. Ahead of a major economic...
Rajandran R
1 min read

Understanding Option Mispricing Trading Strategies

Options mispricing is a phenomenon that occurs when the market price of an option deviates from its theoretical or fair value as calculated using...
Rajandran R
2 min read

Difference Between India VIX and Implied Volatility

India VIX (India Volatility Index) is a measure of the market’s expectation of volatility in the Indian stock market over the next 30 calendar...
Rajandran R
2 min read

Leave a Reply

Get Notifications, Alerts on Market Updates, Trading Tools, Automation & More