Software Engineer.
Disclaimer: I am neither SEBI registered nor NISM certified Advisor. The charts and views posted in this channel are only for study purpose.
These examples show that the option chain can act as a leading indicator. Today's move in Nifty was clearly visible in the option chain data attached for reference.
According to my option chain system, the 24,100 strike for next week's Nifty expiry was sold at 262.5 early this morning and has already melted down fast. @nitinbhatia121
The Nifty Option Chain system I'm building indicates that institutions carried bearish positions overnight. SGX Nifty is also in the red. Let's see how accurately my system performs over the next few weeks. 😊
Exploring the next phase of Algorithmic Trading on the Web — focused on research, signal generation, and user experience.
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