Orderflow from yesterday

Here are the orderflow charts from yesterday. More details and previous posts on the subject of orderflow can be found on the right of the blog under OrderFlow. Bank Nifty : Nifty : .

Webinar on Friday

We will do another webinar on Friday,18th Mar after the market close at 3.45 pm on : a) Market Profile concepts of balanceb) pnf chartsc) Delta The floor will be open to more questions than these. A summary of today’s presentation can be found at these links : http://www.vtrender-2.com/2010/11/market-profile-order-flow.html?zx=107d3074c3071c1 http://www.vtrender-2.com/2011/01/trading-order-flow-conservative.html http://www.vtrender-2.com/2011/01/order-flow-practical-usage.html

Delta charts

The Nifty PNF chart of today does not match the upmove with buying volumes. It’s short covering which was responsible for the rise. The BankNifty did have positive delta, but did not close above the HVN of 11020.

Profile charts for 17th Mar

The Italics are the comments from yesterday and the previous days. Broader market of today : An initiative buyer at the open would have been short covering as a profile resembled a ‘p’ at the close. No forward implication from the profile, but acceptance or rejection of the loop in ‘p’ will set up the […]

Trade Alerts : 16th Mar

*** INTRA-DAY TRADES *** * Sell BnakNifty 10900, sl 10930, tgt 10840Sl taken-30 * Buy BankNifty 10950, sl 10914, tgt 11020tgt done+ 70 *** OPEN TRADES *** ***Total points for the Day : Mini Nifty :Nifty :Bank Nifty :40Option : ***Cumulative points for the Mar Series : Mini Nifty :27Nifty :59Bank Nifty :755Option :40 ***Cumulative […]