Structure

One of the more important aspects of market profile and something which is not understood very well is the importance of structure in building a strong trend. A good trend should have good structure and the arrangement of parts and the inter-relationships of these at multiple layers gives us a good understanding of the quality, […]

Profile charts for 22nd Feb

The Italics are the comments from yesterday. Bank Nifty : ——– It was a trend day with a difference ( not a text book one)– Mkt broke the mentioned supports from yesterday.– The pull back rally high is 11144.– Pull back rally is the afternoon adjustment of inventory and the trend of the previous days […]

Trade Alerts : 21st Feb

*** INTRA-DAY TRADES *** * Buy Nifty 5452 , sl 5434, tgt 5475exited at 5445.-7 * Buy Nifty 5430 , sl 5445, tgt 5405exited at 5438.-7 * Buy Nifty 5467 , sl 5450, tgt 5520booked all profits at 5516.+ 51 *** OPEN TRADES **** Buy SBI at 2750, sl 2688, tgt 2841/ 2886 ***Total points […]