Profile & OF charts
Bank Nifty OF : Nifty Order Flow : Bank Nifty : Nifty :
Position update : 9th Nov
*** INTRA-DAY TRADES *** * Sell Bank Nifty at 13145-13150, sl 13185, tgt 13104/13055.Booked profits at 13109 and 13090. * Sell Nifty at 6272-6275, sl 6291, tgt 6250/6238.Exited at 6275 at cost * Buy Bank Nifty above 13100, sl 13075, tgt 13144/13185.Tgt 2 done. ** Buy Bank Nifty at 13200-13205, sl 13270, tgt 13244/13295.Exited at […]
Nifty closes at highs
The run-up in the last few minutes was designed to catch shorts off-guard, but the Volume at price action showed a good build-up of volume between 6320-6340 a previous seller zone. The bounce off the lower 6260 zone puts the Nifty in a good position to challenge higher levels, but the march ahead would not […]
Market Profile & Order Flow
The post below was made by Shai at Vtrender 2. I’m reproducing it here for the content : We always wanted to make an attempt to put out Market Profile charts through the Order Flow window,to give our trading a much needed edge. As we put profile charts and Orderflow indicators side-by-side the marriage of […]