Rajandran R Follow Creator of OpenAlgo Sketchmaker, RagZ. 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. Now the recent curiosity on building Trading AI Agents.

Nifty Futures Quick Flip December Overview

December 17, 2018 24 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.