Rajandran R Creator of OpenAlgo Sketchmaker, RagZ. Building GenAI Applications. Telecom Engineer turned Full-time Derivative Trader. Mostly Trading Nifty, Banknifty, 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. Now the recent curiosity on building Trading AI Agents.

Nifty and Bank Nifty January Futures Overview – V

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Nifty Futures Hourly Charts

Nifty Futures Hourly

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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 Creator of OpenAlgo Sketchmaker, RagZ. Building GenAI Applications. Telecom Engineer turned Full-time Derivative Trader. Mostly Trading Nifty, Banknifty, 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. Now the recent curiosity on building Trading AI Agents.

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