Profile charts of today
The left of the chart gives the heavy volume at 6039 which is the next important level below 6124. Holding 6039, there is reason to believe the market will auction upto 6139 again. 6139 was where the morning buy auction shut off. The sell auction from 6105 was met with buying at 6046, six points […]
Trade Alerts : 6th Jan
*** INTRA-DAY TRADES *** * Sell Nifty 6102-6104, sl 6125, tgt 6080/6050Booked profits at 6061+ 41 *** OPEN TRADES *** * Buy 6000 PE at 57-59, sl 39, tgt 83/ 111.Booked profits at 73.5+ 16 * Buy Mini 6065-6067, sl 6039, tgt 6106/ 6124OPEN Total points for the Day : Mini Nifty : Nifty : […]
Nifty weekly profile
This weekly profile chart of the Nifty future shows a buildup of Tpo’s at 6185-6200 , and relatively light at the bottom.this meant that the market was top-heavy at the start of the week and should have auctioned to the lower end at 6124 which it eventually did. The purple zones are the value areas […]
Bank Nifty pnF chart
This chart captures the sell-off in the BN effectively. Follow the red arrows and the horizontal lines for reversal in prices ( if it happens)