Rajandran R FollowCreator 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
SMR = Smart Money Ratio
India Vix = Volatility Index based on nifty option contracts
PCR = Near month Put Call Ratio
How to read SMR
SMR is a measure of fear in the market. A value of less than 20 indicates that market is lack of fear and volatility and the higher PCR ratio(greater than 1) supports such kind of action. And a value of 60 or greater than 60 indicates too much of fear in the market which is highly motivated with lower PCR ratio (less than 1). It is a kind of indicator which provides information about which kind of market we are right now.
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Rajandran R FollowCreator 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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12 Replies to “SMR Ratio included in Nifty OI Tracker”
Great!! needed this for long, if possible please plot graph for PCR and SMR. Good going keep it up.
Regards
Venkat
Sure Venkat Will try out for Historical SMR and PCR. I took little amount of time
to make it Auto update. Will work on it
HI rajandran ,
what’s your opinion on nifty still intact in uptrend – tgt. or key support has been broken ?
Iam having too much oscillatory views abut nifty so just keeping myself refraining from posting until
a clear cut resolution occurs.
Good Morning Sir
How are you hope all is well at your end !
Sir I am a bog fan of yours and you are doing a wonderful job, keep rocking sir 🙂
Thanks a lot for the help and knowledge, really loved learning new things from the site.
Sir request you to post a article on how get monthly quarterly and yearly pivot of stocks and indexes, as per monthly pivot is also very helpful for trading and pivot points can help a short term trader.
Please sir I cant figure out how to get the data from and where to get the data from.
Eagarly waiting
Thanks
Akshat
Sir one more thing can you post an tutorial on how to create such OI charts of stocks and indexes and what all information is required to be put into it, wanted to create more OI charts of other stocks also, so if possible can you share the samples or provide the down loadable links of the above charts..
Thanks a Lot sir
OI really is very helpful to be on the safer side..
Thanks once again
Regards
Hi All,
How is SUJANA Towers looking ?? it has a target of 65 and 75 in a weeks time CMP 55. Technically looks good?? Please comment
Hello Sir
Plz sir request you to reply to my query also
Thanks
@Akshat
To Plot Weekly,monthly,yearly pivots try with Pivots afl code in amibroker. And about OI Charts will post a video/article on that soon
@Akshat
Here is the sample OI Calculation and charting page for Nifty Open Interest
Great!! needed this for long, if possible please plot graph for PCR and SMR. Good going keep it up.
Regards
Venkat
Sure Venkat Will try out for Historical SMR and PCR. I took little amount of time
to make it Auto update. Will work on it
HI rajandran ,
what’s your opinion on nifty still intact in uptrend – tgt. or key support has been broken ?
Iam having too much oscillatory views abut nifty so just keeping myself refraining from posting until
a clear cut resolution occurs.
Good Morning Sir
How are you hope all is well at your end !
Sir I am a bog fan of yours and you are doing a wonderful job, keep rocking sir 🙂
Thanks a lot for the help and knowledge, really loved learning new things from the site.
Sir request you to post a article on how get monthly quarterly and yearly pivot of stocks and indexes, as per monthly pivot is also very helpful for trading and pivot points can help a short term trader.
Please sir I cant figure out how to get the data from and where to get the data from.
Eagarly waiting
Thanks
Akshat
Sir one more thing can you post an tutorial on how to create such OI charts of stocks and indexes and what all information is required to be put into it, wanted to create more OI charts of other stocks also, so if possible can you share the samples or provide the down loadable links of the above charts..
Thanks a Lot sir
OI really is very helpful to be on the safer side..
Thanks once again
Regards
Hi All,
How is SUJANA Towers looking ?? it has a target of 65 and 75 in a weeks time CMP 55. Technically looks good?? Please comment
Hello Sir
Plz sir request you to reply to my query also
Thanks
@Akshat
To Plot Weekly,monthly,yearly pivots try with Pivots afl code in amibroker. And about OI Charts will post a video/article on that soon
@Akshat
Here is the sample OI Calculation and charting page for Nifty Open Interest
http://www.editgrid.com/explore/user/rajandran/Nifty_Open_Interest_Tracker
Thanks a lot Sir 🙂 for the reply and the sample and eagerly waiting for a video tutorial 🙂
Thanks in tons 🙂
Keep Rocking Sir
hey
any link where i can get historical SMR values?
will appreciate a response.
thanks.