Profile charts
Nifty : Foe some reason I cannot upload more than 1 chart today. Will try again tomorrow.
Position Update : 10th Nov
*** INTRA-DAY TRADES *** * Buy Nifty at 6308-6306, sl 6294, tgt 6324/6338.Exited in profits at 6322. Nifty total points :16 points.Bank Nifty : – points. ———————————————————————— *** NEW TRADES *** ———————————————————————– *** OPEN TRADES *** STOCKS *Buy Unitech at 94.1, sl 82, tgt 109/ 123 * Buy Axis bank again at 1542, sl 1522, […]
Neutral
The market put in a neutral day today. The sideways bell shape with a close at the day’s point of control are characteristic of the market which is considered neutral by both buyers and sellers. What you would also note from the chart above is that buyers and sellers distributed volume equally at all points […]
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 […]
Market Profile & Order Flow
It will be 3 months soon since we started on Vtrender Live and it has been an enriching and growing experience for Viren and myself. 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 […]
New Look Quotetracker charts
These charts will be posted on Vtrender. It’s a continuation of our efforts to make Order Flow clearer. QT always had this feature, but with the Order Flow charts we now have, we will be able to mark these better. The red in the horizontal bars denotes sellers at those prices, the blue is buyers […]
Nifty goes back to Thursday
The markets are not always known to be efficient, but have an efficient way of working. It can reward one set of traders whilst being equally hard on the other set. It’s also known to choose it’s own path regardless of news flow or any external influences. We saw in today’s session again a quick […]