Rajandran R Follow 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)

Nifty and Bank Nifty January Futures Overview – V

January 17, 2014 29 sec read

Nifty Futures Hourly Charts

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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.

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Bank Nifty Futures Hourly Charts

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.