Rajandran R Founder of Marketcalls and Co-Founder Algomojo. Full-Time Derivative Trader. Expert in Designing Trading Systems (Amibroker, Ninjatrader, Metatrader, Python, Pinescript). Trading the markets since 2006. Mentoring Traders on Trading System Designing, Market Profile, Orderflow and Trade Automation.

Nifty and Bank Nifty January Futures Overview – VI

22 sec read

Nifty Futures Hourly Charts

Nifty Hourly

 
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 Founder of Marketcalls and Co-Founder Algomojo. Full-Time Derivative Trader. Expert in Designing Trading Systems (Amibroker, Ninjatrader, Metatrader, Python, Pinescript). Trading the markets since 2006. Mentoring Traders on Trading System Designing, Market Profile, Orderflow and Trade Automation.

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Short Covering from an Extreme Short Term Inventory –…

Nifty trading inventory goes short to too short as on last Monday trading session followed by a short-covering rally and this inventory adjustment process...
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State of the Market – 20th June 2022

It's Monday morning and SGX Nifty is trading sub 15300 levels and a little bit of nervousness in the markets as the last Thursday's...
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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

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