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 July Options – Open Interest Update

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Higher Open Interest built shifted from 5300PE to 5400PE which shows the optimistic view of call writers as they are inching forwards and had upgraded their support levels to 5400 zone. Also 5500PE has considerable amount of open interest and almost equal to 5400 Open interest. Probability of 5500 acting as support for this current uptrend is also little higher for current option season.

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

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3 Replies to “Nifty July Options – Open Interest Update”

  1. Dear Rajendran sir,

    Pls update this nifty options open interest tracker graph daily basis.And also pls add your
    valuable analysis .
    Thanks
    Regards
    Sreenu N

  2. NIFTY BULLISH ONLY ABOVE 5750 CLOSING BASIS.BUT NIFTY TURNED AT 5740.SO NIFTY IS BEAR TREND STARTED.NIFTY RETEST THE JUNE 2011 LOWS THAT IS 5190.

  3. Dear Sir,

    I want to learn calculation of Money Flow…..

    If u have any formula for counting Money flow of different strike of Options..

    Please update my knowledge..

    Regards,

    Meghal

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