Nifty looking North

NSE:NIFTY   Nifty 50 Index
Nifty looking North

Hi All,

Please look previous idea Nifty eye High (link provided below) before reading ahead.

So that one could earn while remaining hedge and keeping open interest always open till end of expiry.
This is how Algo trading works and it can be clearly understood from below idea link - Nifty eye High

I am of strong belief that Nifty could possibly go to 8600-8700 before hitting 8000.
Means I wish to say in short - "Do not stay in SHORT"

So trading on Algo principles:
Derived Algo trading levels on derivative NIFTY17JANFUT

R1 :: 8463
S1 :: 8384

Please keep on booking profits.
Happy Trading!
Comment: Exiting all Longs at 8435

Related Ideas


rohit you are right,nifty will touch this levels before touching 8000,good analysis,you are using ichimoku charts,make yourself master in ichimoku,please share some good sites for learning algo trading,or books
rohitladdha dr_professor_nifty
@dr_professor_nifty, Hi Rupam ji, Thanks, for adding your inputs synced with mine. One can refer online available study material on Option Greeks like below. Understanding risks involved in Options Greeks itself helps you to trade mathematically on Algo.
@rohitladdha, thank you
dr_professor_nifty dr_professor_nifty
@dr_professor_nifty, very good site,again thank you
Hi Rohit,

Thanks for sharing this information. How to learn this Algo logic derivation?

rohitladdha jayanandha
@jayanandha, Hi,
These are Options Chain and Options Greeks methodology. Bit complex to write. I write Algo codes in computer on this and then Computer derives these levels.
Home Stock Screener Forex Screener Crypto Screener Economic Calendar How It Works Chart Features Pricing Refer a friend House Rules Help Center Website & Broker Solutions Widgets Charting Solutions Lightweight Charting Library Blog & News Twitter
Profile Profile Settings Account and Billing Referred friends Coins My Support Tickets Help Center Private Messages Chat Sign Out