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 Options Open Interest lookup for September 2011 series

13 sec read


[wp_ad_camp_5]

 
Today there has been a tremendous short covering in nifty from the bottom gaining 171.80(+3.62%). Also the shorter term trend had finally turned to buy mode after a month long. Open Interest builtup is equally seen higher in 4600PE, 4700PE, 4800PE strike prices indicates the rude optimism of Put writers. Looking into that optimism nifty could test 5000 easily on intraday basis.

Nifty Short Covering

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