Rajandran R Telecom Engineer turned Full-time Derivative Trader. Mostly Trading Nifty, Banknifty, USDINR and 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. Writing about Markets, Trading System Design, Market Sentiment, Trading Softwares & Trading Nuances since 2007 onwards. Author of Marketcalls.in)

Is Trend Reversal in Nifty Possible?

21 sec read


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Last two days 5050 seems to be a valid support zone. If nifty tommorow sustains above 5050 then there is a possibility of complete reversal. As of now almost equal amout of Open Interest in both 4900PE and 5000 PE. So there is a chance of Put writing in 5000 PE zone also. Now we need to concentrate on both 4900PE and 5000PE.

If there is a huge OI builtup in 4900PE and 5000PE in coming days then there is a possibility of complete reversal anywhere between the nifty range 4975-5090. Else we need to go for further analysis.

Rajandran R Telecom Engineer turned Full-time Derivative Trader. Mostly Trading Nifty, Banknifty, USDINR and 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. 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 “Is Trend Reversal in Nifty Possible?”

  1. I would like to know how to make out from OI that if its PUT WRITING OR PUT BUYING. Similarly, if its CALL WRITING OR CALL BUYING… I will really appreciate if you can explain this in detail (as no one is yet able to answer me, whomsoever I have asked so far). Thanks in advance.

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