Mcclellan Oscillator
Most oscillators used as indicators are designed for flatter markets or the non-trending types. But there is one good oscillator working on market generated information which uses also market internals and is an excellent tools to guage an overbought/ oversold condition in a trending market. This one is called the McClellan oscillator and we visit […]
Profile charts for 31st march
We shift into the april series from tomorrow.All charts in the trading room tomorrow will be april futures The Italics are the comments from yesterday and the previous days. Broader market of Tuesday : once the market broke over the point of control of the balanced profile, there was no looking back. A Responsive seller […]
NAV Management continues.
Here is a profile chart taken at 11.00 am this morning. The chart is that of the Nifty April future : Point 1 : is the buying prints from the volume point of control of the previous day.We saw a similar buying print from 5710 in the march future yesterday.Point 2 : Responsive seller of […]