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 Options Overview and Positional Long Strategy

14 sec read

Nifty Options
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Nifty 6000CE options currently holds the higher open interest since the start of series. And since the start of series 6000 is considered as strong temporary resistance for this series. But will Nifty crosses 6000 for this series?

If yes then here is a positional high probability call for you. Postional Long in Nifty Futures with 5871 as a positional Stop Loss.

nifty hourly buy

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

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5 Replies to “Nifty Options Overview and Positional Long Strategy”

  1. Hi

    Very nice view of the current exp.

    Could you please tell me how do you get the OI values and where do you plot them? Is this an excel or any trading software? Could you pls share?

    Thanks,
    Nikhil

  2. Considering the following facts:
    * 6000 CE is heavily sold
    * Stock and Index CE options are sold heavily

    Should there be any more reason for the mtk to move up in this expiry itself ?????

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