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 Hourly Futures – Overview

37 sec read

Nifty Futures – Hourly Charts
Nifty hourly Futures

 
Nifty and Bank Nifty hourly charts maintains the downtrend with resistance zone coming around 8366.9 and 19010.9 Trend will reverse to upwards direction if the resistance zone breaks on the hourly charts (on hourly basis). It should be noted that last Friday Dowjones ends with a -170 points after two big continuous positive streaks.

In commodity markets, oil prices remained under pressure having hit their lowest since April 2009.

Bank Nifty Futures – Hourly Charts
Bank Nifty hourly charts

Watch Live NSE Futures and Option charts with Custom Indicators and Timeframe. Backfill is now available right from 1st Dec 2014 onwards #openbeta

India VIX – Hourly Charts
India VIX on the hourly charts falling from the peak of 19 and currently trend turned downwards with resistance zone coming around 15.95.
India VIX

Nifty Open Interest Charts
Still the put writers are at 8000PE right from the beginning of the jan series. 8000PE and 8100PE holds the higher open interest where the density of option writing is seen mostly.
Jan 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.

Nifty Look Below Balance and Fail – Targets 15400…

Nifty Futures on the Daily charts trading in a 1000 points range between 14400 - 15400 approximately for more than 2 months. It is...
Rajandran R
21 sec read

Nifty Hedged Futures – Apr 2021 – Short Term…

Nifty Futures had made a sharp drop on Monday Morning (5th Apr 2021) almost touched 14500 levels however post that market had done a...
Rajandran R
1 min read

Options Strategy: Nifty Weekly Bull Put Spread

Nifty Apr Series on the hourly timeframe showed trend exhaustion and the Nifty Futures is trading with 100 pts of premium. Trading sentiment flipped...
Rajandran R
37 sec read

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

Leave a Reply

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