Rajandran R FollowCreator 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 Trend Update – 14th Aug 2014
21 sec read
Nifty Spot Hourly Charts
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Nifty on the hourly charts turned to positional buy mode with support coming around 7610 and on contrary Bank Nifty still maintains the positional sell mode with resistance zone coming around 15120 reverse your position to buy mode if the resistance zone breaks on the hourly charts.
Bank Nifty Spot Hourly Charts
Nifty Open Interest
Nifty Open Interest shows bullish picture as currently 7600PE shows highest open interest amoung the option series and the put writers strongly believe that 7600 will be the current month support on EOD basis.
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Rajandran R FollowCreator 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
The Bank Nifty chart is flashing several bullish signs, suggesting that an upside reversal is on the horizon. As traders, spotting exhaustion and potential...
