Rajandran R Creator of OpenAlgo - OpenSource Algo Trading framework for Indian Traders. 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 Quick Flip December Overview

25 sec read

Nifty futures holding its buy mode for the last 4 trading session with quick flip support coming around 10803-10814 band.  Trading focus is positioned on the bullish side with possible expectation around 10880 levels and 10930 levels.

Nifty Futures Quick Flip 5min Charts

Trading Sentiment is holding positive for 3 trading sessions on the daily timeframe and positive for almost 8 trading weeks on the weekly timeframe.

Nifty Options call side highest open interest stands at 11000CE and put side highest open interest stands at 10000PE. Resistance for this series is expected around 110000 levels on EOD basis. 

India VIX got smashed from 20+ levels to 15 handle. That brings possible slow intraday trading movements with possible rotations in the band of 10750-11000 levels in near term.

Rajandran R Creator of OpenAlgo - OpenSource Algo Trading framework for Indian Traders. 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

India VIX Hits a Surprising Low During Elections

Lately, something unusual happened in India's stock market. The India VIX, which is like a heartbeat monitor for the market's nerves, suddenly fell a...
Rajandran R
1 min read

Nifty Futures – Apr 2024 Future Contract – Positional…

Nifty Future Market Profile chart shows a sideways broader balancing structure in the last 5 trading session. However 4th Apr structure is indeed important...
Rajandran R
1 min read

Nifty Short-Term Trend Turning Negative – Market Profile Update

The short-term trend for Nifty appears to be shifting towards the negative, encountering intermediate resistance in the range of 21920-21950. Additionally, a top-down analysis...
Rajandran R
1 min read

Leave a Reply

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