Trade Summary : 25th Oct

*** INTRA-DAY TRADES *** * Buy Nifty above 6140, sl 6123, tgt 6160/ 6180.Tgt 2 done. TSL at 6145 taken on bal positions. * Buy BankNifty at 12540, sl 12500, tgt 12600tgt 1 done. * Buy Reliance 1100 call at 13/ sl 9.Exited at 11.55-12. Bank Nifty total points : 60 points Nifty total points […]

Nifty goes up, then down

The strong upmove we saw in the Nifty did have the trappings on a trend day, but the similarity ended at the end of the first hour. Subsequent failure to go past the IB high meant that the range breakout of 6160 would be tested again- a test which eventually failed. Value was established higher […]

Market Profile webinar

Over the weekend, we received quite a few emails about the charts Shai posted on Market Profile on Saturday here If you watched the action from the morning, this upmove began from 6125 levels and halted at 6180 and so far the weakness from 6180 has again halted near 6125. 6125 is the red horizontal […]