Marketcalls
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 and Co-Creator of Algomojo (Algorithmic Trading Platform for DIY Traders)

Nifty and Bank Nifty Positional Updates and Open Interest Charts

32 sec read

Nifty EOD Charts
Nifty EOD charts with Supertrend indicator shows that nifty is currently trading very close to the EOD support zone coming very close to 5937.

NSENIFTY
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Nifty 90 min charts

Nifty on the 90 min charts are in sell mode since 31st Jan 2013 and currently the resistance zone is coming near 5993. Reverse to Buy mode if the resisance zone breaks on the 90 min charts

NIFTY - Primary Analysis - Feb-07 2130 PM (90 min)

Bank Nifty 90 min charts
BANKNIFTY - Primary Analysis - Feb-07 2131 PM (90 min)

Bank Nifty on the 90min charts are in sell mode since 31st Jan 2013 and currently the resistance zone is coming near 12571. Reverse to Buy mode if the resisance zone breaks on the 90 min charts

Nifty Open Interest for February
Nifty Open Interest
February option series shows higher open interest in 6100CE strike price and on the call side 5900PE holds the higher open interest. As Nifty is nearing 5900 zone this is the zone needs to be watch for put writers to take control of this series.

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 and Co-Creator of Algomojo (Algorithmic Trading Platform for DIY Traders)
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Nifty and Bank Nifty futures September Overview – III

Nifty and Bank Nifty futures hourly charts are maintaining the buy mode. Currently the supports zone comes around 5799 and 10000 respectively. Reverse to...
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Nifty and Bank Nifty futures September Overview – II

Nifty September futures is in positional buy mode last thursday and currently the support zone comes near 5290. Bank nifty futures turned to positional...
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Nifty and Bank Nifty September Futures overview – I

Nifty september futures turned to positional buy mode and currently the support zone come near 5264 zone. Reverse your position to positional shortly if...
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2 Replies to “Nifty and Bank Nifty Positional Updates and Open Interest…”

  1. Raj,
    I’ve noted with interest your first Nifty chart using “Super Trend”. I’ve downloaded “Super Trend ” and it doesn’t look at all like the aforementioned chart. Could you direct me to the appropriate code so I can download as I like the Day “Message Board” EOD on it. Thanks
    Dick Hoierman

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