Trend Indicator Charts for today
Here are the orderflow charts of today from the trading room. Nifty OF : Bank Nifty OF : I have received a number of emails on the subject of these orderflows. I wish to touch on a few points. 1) Even though I use the word “indicator” to describe the OrderfLow, it actually is a […]
Profiles
No arguments between price profilers and volume profilers for tomorrow. Both sets of profile agree on value : Bank Nifty : Peculiarity of the day : bell shaped profile. Always an indication that a vertical move will initiate. The last bell shaped profile on the Nifty was on 3rd Jan at 6200 levels. Refer to […]
Trade Alerts : 17th Jan
*** INTRA-DAY TRADES *** * Buy Nifty above 5696, sl 5768, tgt 5720Stop taken-27 * Buy 5700 Ce at 68, sl 49, tgt 80Exited at 63.-5 *** OPEN TRADES *** * Buy 5700 Ce at 65-67, sl 48, tgt 120. Total points for the Day : Mini Nifty : –Nifty :-27Bank Nifty : Option :-5 […]
Non Trend day
The very first 30 minutes of trade were enough to give us an indication that this was a day which would be different from the ones we had seen last week. After a few neutral extreme days back to back dominated by sellers, the markets put in a non trend day today moving within a […]