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 Futures and Bank Nifty December Futures Overview – III

16 sec read

Nifty Hourly Charts

Nifty Hourly
[wp_ad_camp_5]

 
Nifty and Bank Nifty December futures turned to Buy mode since Nov 25th with support coming around 6201 and 11208 respectively. Reverse the position to sell mode if the support breaks on the hourly charts.

Bank Nifty Hourly Charts

Bank Nifty Hourly

India VIX
India VIX daily

Increasing India VIX indicates the trading range for Spot Nifty this December Expiry is getting bigger swing of 350 points and the expected trading range comes around 6150-6500

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

Reliance Jio IPO: Market Sentiment Shift and the Bullish…

The announcement of the Reliance Jio IPO, slated for a 2025 listing in Mumbai, has triggered a seismic shift in market sentiment. This news,...
Rajandran R
2 min read

Are PSU Banks Fundamentally and Technically Attractive?

Over the past decade, public sector banks (PSBs) have undergone significant changes, evolving from entities plagued by high non-performing assets (NPAs) and sluggish growth...
Rajandran R
1 min read

Bank Nifty Technical Analysis: Imminent Upside with 800-1000 Points…

The Bank Nifty chart is flashing several bullish signs, suggesting that an upside reversal is on the horizon. As traders, spotting exhaustion and potential...
Rajandran R
3 min read

One Reply to “Nifty Futures and Bank Nifty December Futures Overview –…”

  1. I like to followup your instratuctions as I have incurred huge loss in trademarket. Please guide me on this.
    I trade nifty and banknifty in FNO

Leave a Reply

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