Rajandran R FollowCreator of OpenAlgo Sketchmaker, RagZ. 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. Now the recent curiosity on building Trading AI Agents.
Will Nifty Close above 5850 for January Options Series?
18 sec read
Nifty on the EOD charts with supertrend indicator is in buy mode since the start of december month and currently the support zone is coming close to 5860. And on the Options side 6200CE shows strong and highest Open Interest Builtup among the option series and call writers are busy in writing 6200calls which indicates temporary resistance is coming close to 6200 zone for the current option series. And on the put side 5800PE holds the higher open interest.
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Rajandran R FollowCreator of OpenAlgo Sketchmaker, RagZ. 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. Now the recent curiosity on building Trading AI Agents.