Rajandran R Creator of OpenAlgo - OpenSource Algo Trading framework for Indian Traders. 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. Strongly believe that market understanding and robust trading frameworks are the key to the trading success. Building Algo Platforms, Writing about Markets, Trading System Design, Market Sentiment, Trading Softwares & Trading Nuances since 2007 onwards. Author of Marketcalls.in

Nifty and Bank Nifty October Futures Overview – II

22 sec read

Nifty Hourly Charts
Nifty Hourly Charts
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Nifty and Bank Nifty yesterday turned to positional buy mode on the hourly charts. Currently the support zone comes near 5804 and 9842. Reverse your position to sell mode if the support zone breaks on the hourly charts on closing basis.

Bank Nifty Hourly Charts
Bank Nifty Hourly

Will this expiry Nifty Close above 5800?

Good Amount of Open Interest builtup in 5800PE and also Open interest built up dominating in 5700PE right from the start of the series. Which shows put writers are crowded near 5800 and 5700 zone and they do expect lot of support near this zone.

will nifty expire above 5800

Rajandran R Creator of OpenAlgo - OpenSource Algo Trading framework for Indian Traders. 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. Strongly believe that market understanding and robust trading frameworks are the key to the trading success. Building Algo Platforms, Writing about Markets, Trading System Design, Market Sentiment, Trading Softwares & Trading Nuances since 2007 onwards. Author of Marketcalls.in

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3 Replies to “Nifty and Bank Nifty October Futures Overview – II”

  1. Sir option live charts is very useful for small invester. It is not active from august not shown in charts.please…….

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