Rajandran R FollowFounder of Marketcalls and Co-Founder Algomojo. Full-Time Derivative Trader. Expert in Designing Trading Systems (Amibroker, Ninjatrader, Metatrader, Python, Pinescript). Trading the markets since 2006. Mentoring Traders on Trading System Designing, Market Profile, Orderflow and Trade Automation.
Will Nifty end above 5700 for current – Dec 2012 F&O series?
14 sec read
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.
Rajandran R FollowFounder of Marketcalls and Co-Founder Algomojo. Full-Time Derivative Trader. Expert in Designing Trading Systems (Amibroker, Ninjatrader, Metatrader, Python, Pinescript). Trading the markets since 2006. Mentoring Traders on Trading System Designing, Market Profile, Orderflow and Trade Automation.
Nifty trading inventory goes short to too short as on last Monday trading session followed by a short-covering rally and this inventory adjustment process...
