Chart Reading.
Viren here. If you have been tearing your hair off in this sideways market, I would not blame you. The market has been listless, moving randomly without a sense of direction.We have put in a 100 point range for a month now. I want to call on all those people who tell you that “A […]
Estimates for 10th Aug
Good Morning All. We had a good session of trade yesterday. Have a look at the charts as they stood yesterday EOD. First the Bank Nifty. We were watching for sellers to be active in the index ‘cos of the P shaped profile on the weekly developed over the weekend. We were also watching value […]
Login Details
Login access codes to Vtrender There are 3 access codes, Login Link: https://www.vtrender.com/mentoringroomlive/ You can also have Live Streaming at For NF https://www.vtrender.com/nf-streaming-live/ For BNF https://www.vtrender.com/bnfstreaminglive/ Please login using www.vtrender.com credentials Login at these links every morning before 9.00 am. Link 2 and Link 3 are optional. All business is conducted at link 1-https://www.vtrender.com/mentoringroomlive/
Omnovia
We are trying a new webinar platform for Vtrender. Remember the purpose of this change is to offer you continuous coverage, from opening to closing bell, of the equity markets, day trading set-ups, etc. Additionally, we hope to foster a dynamic, real-time conversation amongst our trading community. Our hope is Omnovia will help us achieve […]
Estimates for 9th aug
Good Morning All. Values for the Nifty are 5451-5462-5473 Values for the Bank Nifty are 10395-10441-10458. It will be interesting to see if Nifty auctions above value low at 5451. .
Vtrender 2
Vtrender Live will have a new platform for all of us and an ability to carry audio and video.This will be an interactive trading room where we can interact live. Our offering is subdivided into two parts :Vtrender Mornings :This will be a 60 minute presentation.Here we will review the open and see what kind […]
Weekly charts
We finished a very dull week of trading, with sideways 15 point moves through most of the week, followed by a violent 20-30 points to finish the day. Let’s look at what the charts are saying : First the Bank Nifty. This has been a chart as strong as any you could look at, repeatedly […]
Estimates for 6th aug
The market has opened below value and bear the outer end of the range from yesterday. 5463-5471-5476 are the values for the Nifty. 10448-10465-10483 are the values for the BN. The 80 % rule says that if we open below value, then 80% of the time we will go to hit value high, if we […]
Estimates for 5th aug
Good Morning all. Markets have opened above value and at the top of their range of yesterday. Value high at 5442 should serve as a support ( if reached) and 5485 is a ref level to watch for hourly momentum. Globally, we are watching copper move higher and the yen lower to further document risk […]
EOD 4th Aug
Viren here. “It was a lacklustre day of trading yesterday and early signs off the open this morning calls for another dull morning of trade at-least in the first half.Coming back to today’s trade, let’s look at an auction above yesterday 5443 to chase longs. Shorts have been ineffective, so we stay with the dominant […]