BN sells off ..

The open in the Bank Nifty was below Value low and the selling continued throughout the day. In the process the Bank Nifty closed below the weekly values too. The purple dotted is value area low from yesterday and the large red PNF candle at 9.30 confirmed seller intentions.The initiative selling continued throughout the day […]

Balanced again.

The markets came back into balance again today through some bell shaped profiles in the Nifty and the bank Nifty today. The Nifty put in a normal variation day and we have reason to watch for continuation tomorrow. The market can flow back to imbalance in a day or two and create a large vertical […]

Bells

The Nifty and the Bank Nifty future put in bell shaped profiles to finish the day today. It was a sideways to an up day today with a lot of the volatility we have so gotten used to, missing from the action today. Ahead of the Policy decision on Thursday, the Bank Nifty chose to […]

daily & weekly charts ( price profile)

Nifty – 5955-5990 is wall to climb Bn daily- 11600 is imm resistance. Bn weekly- Once again that 11750 zone is so critical <img style="display:block; margin:0px auto 10px; text-align:center;cursor:pointer; cursor:hand;width: 400px; height: 205px;" src="http://1.bp.blogspot.com/_w29wphiCeL4/TQX3zLKVNlI/AAAAAAAABUk/tVYYywEqI00/s400/BN_MP%2Bweekly.png" border="0" alt=""id="BLOGGER_PHOTO_ID_5550114574345516626" /> Weekly charts– clearly show sideways move in Nifty

Order Flow

Nowadays, nothing gets me more excited than talking about our orderflow indicators. It has been a ‘work in process’ and both Viren and myself are very excited to see it in it’s current form. I plan to spend the full day in the trading room on Monday with our subscribers discussing it in bits and […]

Nifty/ Bank Nifty

The Nifty is at the important 5840 levels and the bank Nifty is struggling at value low and vwap. Here’s a look at the orderFlow at current prices.(5832 in Nifty and 11290 in BN ) .