Profile charts for 24th May
Today’s updated comments are displayed in bold. Comments from yesterday and the previous days are above the bold print. Broader market of Monday: A open below the pull back low of Monday, resulted in a double distribution trend day down Bank Nifty : ————– single prints at 12020 at the top.– 11580 had the largest […]
Charts of today
BN : NF : SBI : LT : ICICI : RIL :
Failed auction
After a big, double distribution ( DD) day yesterday, today’s auction was disappointing from the point of view of sellers as the market did not follow though on the lower distribution and instead chose to build volume in the single prints of yesterday. We like to think about the DD as two separate auctions and […]