Rajandran R FollowTelecom Engineer turned Full-time Derivative Trader. Mostly Trading Nifty, Banknifty, USDINR and 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. Writing about Markets, Trading System Design, Market Sentiment, Trading Softwares & Trading Nuances since 2007 onwards. Author of Marketcalls.in and Co-Creator of Algomojo (Algorithmic Trading Platform for DIY Traders)
Nifty Options Overview and Positional Long Strategy
If yes then here is a positional high probability call for you. Postional Long in Nifty Futures with 5871 as a positional Stop Loss.
Rajandran R FollowTelecom Engineer turned Full-time Derivative Trader. Mostly Trading Nifty, Banknifty, USDINR and 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. Writing about Markets, Trading System Design, Market Sentiment, Trading Softwares & Trading Nuances since 2007 onwards. Author of Marketcalls.in and Co-Creator of Algomojo (Algorithmic Trading Platform for DIY Traders)
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
@nikil
you can check out this tool http://www.marketcalls.in/futures-and-options/simple-live-nifty-options-open-interest-monitoring-tool.html
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 ?????
Thank you Rajandran for the excel!
Is the trend down as weekly Nifty closed below 5871 ????