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 – VI

22 sec read

Nifty Futures Hourly Charts

Nifty Hourly

[wp_ad_camp_5]

 
Nifty and Bank Nifty futures on the hourly charts turned to positional sell mode on the last half of the Friday session and currently with resistance coming around 6352 and 111583 respectively. Reverse your position to positional buy mode if the resistance breaks on the hourly charts.

Bank Nifty Futures Hourly Charts
Bank Nifty Futures Hourly

Nifty Open Interest – January Series

6200PE writers are unwinding their Open Interest however still the strong OI build up among strike prices. One should track the open interest in 6200PE to the close as put writers last hope for 6200 as support zone for this series.

Nifty OI

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

One Reply to “Nifty and Bank Nifty January Futures Overview – VI”

  1. good morning Sirji few week before i follow your site
    but now live chart is off so some problem is arise
    please help me

Leave a Reply

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