Update 11th June

75 minutes after the day open the high of the day is near the open print. This open price needs to be monitored to see if buyers can push it above this level towards 5155. On the lower side a break of 5107, should bring 5082. Watch price volume reactions at both these points. ———————– […]

End of day 10th June

A faulty internet connection robbed me of some precious blog-time from about noon and I apologize for the unanswered questions and my absence during an interesting move which unfolded. Here’s the profile chart of the Nifty Future The profile picture is again “b” shaped which speaks about shorts being covered.This can be checked with the […]