Profile charts for 15th Mar

The Italics are the comments from yesterday and the previous days. An Open drive in Nifty and the bank Nifty which forced short-covering by remaining above VAH and the IB. Bank Nifty : ————-– The pull back rally high is 11150 ( adjusted for Mar).– Poor lows at 10200– Profile shows a strong seller at […]

Trade Alerts : 14th Mar

*** INTRA-DAY TRADES *** * Sell Nifty 5506, sl 5516, tgt 5490Book part profits at 5490+ 16. * Buy Nifty 5505, sl 5492, tgt 5525Book part profits at 5521+ 16. *** OPEN TRADES *** * Buy Nifty 5600 CE 70 50 % qty, sl 59, tgt 100Booked part at 78.5+ 8 ***Total points for the […]

Profile charts for 14th Mar

The Italics are the comments from yesterday and the previous days. a Normal variation day on friday. Initaitive sellers at the open and responsive buyers at previous lows. Bank Nifty : ————- – The pull back rally high is 11150 ( adjusted for Mar).– Poor lows at 10200– Profile shows a strong seller at 10965 […]

Trade Alerts : 12th Mar

*** INTRA-DAY TRADES *** * Sell BankNifty 10760, sl 10790, tgt 10690Book part profits at 10725+ 35. *** OPEN TRADES *** * Buy Nifty 5700 CE 39, sl 25, tgt 65Exited at 31-8 * Buy 5300 Pe at 56, sl 45, tgt 90part booked at 80.+ 24 ***Total points for the Day : Mini Nifty […]

Nifty March series outlook.

Last weekend, when we looked at mid term and short term charts of the Nifty spot, we identified two regions for the Nifty, one around the 5550 zone for the medium term and another around 5472/93 for the short term. At the end of the week, the Nifty found itself closing below both the mentioned […]

Pnf Charts and volumes

Here are some Pnf Charts of the Nifty and the bank Nifty of today and the volumes for the reversals taking place. We like to look at the pnf charts as reversal tools and the larger studies around price objectives and patterns is largely ignored. There are 3 panes, the first one for price, the […]

Profile charts for 11th Mar

The Italics are the comments from yesterday and the previous days. We had a two way trade today and the market operated in the initial balance paving the way for a normal day. Bank Nifty : ————- – The pull back rally high is 11150 ( adjusted for Mar).– Poor lows at 10200-10970 and 11060 […]

Trade Alerts : 10th Mar

*** INTRA-DAY TRADES *** * Sell BankNifty 10860, sl 10900, tgt 10780tgt done + 80. *** OPEN TRADES *** * Buy Nifty 5700 CE 39, sl 25, tgt 65 * Buy 5300 Pe at 56, sl 45, tgt 90. As the mkt was balanced, we have a hedged OTM play to take care of the […]

Profile charts for 10th Mar

The Italics are the comments from yesterday and the previous days. Again the markets saw an aggressive seller in the morning and a responsive buyer at the lows who reversed a lot of the losses from earlier. Bank Nifty : ————- – The pull back rally high is 11150 ( adjusted for Mar).– Poor lows […]