Rajandran R Creator 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

GANN FAN Supports, Open Interest and Trin Updates for Nifty

16 sec read

GANN FAN Supports
Nifty 5 minute charts shows that GANN Supports are available @ 5230 zone.
Ideal trade is to go long with stop loss below 5230 zone

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Trin

There is a strong decline in trin from 1 which in turn Indicates strong buying pressure
in nifty

Open Interest

5200PE Jan series Shows High Open Interest Built up next to 5000PE among
the various option strike prices. Does option writers are confident about holding 5200
in Nifty?
Rajandran R Creator 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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One Reply to “GANN FAN Supports, Open Interest and Trin Updates for…”

  1. HI, ONE THING I WANT TO KNOW IS THAT THE OPEN INTEREST BUILD UP AT DIFFERENT STRIKE PRICES OF STOCK OPTIONS , IS OPTION BEING WRITTEN OR BOUGHT , BY WHAT METHOD DO WE GET TO KNOW THAT . PLEASE HELP !

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