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 end above 5700 for current – Dec 2012 F&O series?
14 sec read
[wp_ad_camp_5]
Nifty Daily charts indicates Buy Signal with supports coming around 5700. When looking into the Nifty Open Interest it is observed that huge call writing at 6000CE due to heavy open interest built-up at the start of dec series indicates 6000 will be considered as temporary resistance zone with upward bias. And as of now no put writing is observed on any of the option strike prices.
Related
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.