Happy New Year 2011
Team Vtrender takes the Opportunity to wish you all a happy and a prosperous new year 2011 .
Sideways – 2
Here is an updated chart I had posted last weekend calling for a sideways move in the market this week.You can find my last post here The changes in the chart are in the heat map on the left which gives you the volume profile for the entire bracket of 5730-6092 and the new heat […]
Charts
We had a non trend day which gives an 80-90 % chance of a directional move to come either tomorrow or on Monday. 5995/ 6005 is the POC from where the move can merge and should be good for 50-80 points one way.The area between 5945 and 5985 is still un filled from a TPO […]
BN and Market Profile
There is a reason why we all at Vtrender love to trade the Bank Nifty. I used to be a Nifty trader till Vtrender happened at the start of this year and Shai’s love for the Bank Nifty rubbed off on me so much that I trade the Bank Nifty today more than the Nifty. […]
Normal Variation
The open of the morning was a test drive to check out the previous day’s POC, to see if their was any unfinished agenda there. Price was quick to reject the lower value and orderflow confirmed a long at 9.45 which was valid right upto day highs ! As expected in the later part of […]
New Password
Please note the new password for the trading sessions beginning Monday Morning : Room Password : profit Trading Room URL : http://www.omnovia.com/pages/sc2/room_login.php?companyID=10072&roomID=10996&isPresenter=0Or http://vtrender.omnovia.com/vtrender This password is unique to you. Please do not share it with anyone.
Sideways
If you have been following profile charts, for the past few weeks you may have noticed that value has been going sideways for a few weeks now. To illustrate the activity of the Nifty further, I picked up some bar charts and did some good old fashioned trendline analysis. Have a look : The chart […]
Responsive buyers appear
Two statements from last evenings post here “5868-5863 holds the key in the Nifty tomorrow.” “The Nifty chart showed the presence of a buyer at 5925 levels” The Nifty moved sideways till the afternoon and once the RBI news got digested the low at 5863 was bought and the Nifty finished a 100 points higher […]
Order Flow for today
Lots of queries, lots of emails and lots of discussion coming around the Order Flow systems we are employing in the Vtrender trading room. A trader’s forum has people inquiring about an “afl” for the system and elsewhere people are comparing it to moving average crossovers and what not. We are amused. We reserve our […]
Charts with Volume value areas
Bank Nifty : Nifty