Viren

I want to take this opportunity to introduce to readers of our Blog, our new guest contributor- Viren Rasquinia. “Viren” as he is popular in blog circles, has a rich knowledge of Market Profile, specifically volume based price action.I’ve known him from a few US based blogs which he has made richer with his inputs. […]

Nifty and Bank Nifty

One of our regular readers, Viren sent me these charts of the Nifty and the Bank Nifty. I’ll reproduce his message here: As explained earlier, the purple lines are the value area and the yellow line is the POC which represents the highest volume of the day.Above value area buyers are in control and below […]