Rajandran R FollowCreator 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
Open Interest Sentiment
12 sec read
Finally very high open interest builtup in 5000 CE Feb seires as expected.
It symbols 5000 calls are strongly written by call writers. Which indicates
that option writers for time being considering 5000 as strong resistance point
Rajandran R FollowCreator 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 Future Market Profile chart shows a sideways broader balancing structure in the last 5 trading session. However 4th Apr structure is indeed important...
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...
Nifty Futures is a short term is likely to test the G2 High reference level around 22200. Short Term Supports are formed around the...
2 Replies to “Open Interest Sentiment”
As per chart, still Put writers are majority than call writers. What do you think about next week?. Is your chart auto updated or manually updated.http://markethypothesis.blogspot.com
Its automated. High Open Interest Indicates in a particular Strike price indicates call/put writers confidence regardless of other strike prices
As per chart, still Put writers are majority than call writers. What do you think about next week?. Is your chart auto updated or manually updated.http://markethypothesis.blogspot.com
Its automated. High Open Interest Indicates in a particular Strike price indicates call/put writers confidence regardless of other strike prices