Profile charts for 17th 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 gap down below value area low of friday was not met by any buying activity resulting in the indices drifting lower in the single prints of friday Bank Nifty : – […]

Profile charts for 16th May

Today’s updated comments are displayed in bold. Comments from yesterday and the previous days are above the bold print. Broader market of Friday: A failed auction revisit set-up a reverse move taking the Nifty to the breacket highs, before soem late profit booking closed the index just off the lows Bank Nifty : – single […]

Of Failed Auctions and revisits ( FA )

In Market Profile we see the movement of price as an auction between buyers and sellers negotiating value during the day, across time frames. This is an important concept in Market Profile and a good understanding of this concept can clear the way to understand many more concepts in Market Profile Trading strategies. It’s important […]

Profile charts for 12th May

Today’s updated comments are displayed in bold. Comments from yesterday and the previous days are above the bold print. Broader market of Thursday: After some confusion caused by news flow, longer time frame players entered the market to make it a double distribution day after the balanced profile of yesterday Bank Nifty : ( 11156-11019-10882 […]

ICICI Order Flow

Above is the ICICI orderflow chart. I’ll encourage you to observe it before taking any trades based on the signals generated.

Profile charts for 11th May

Today’s updated comments are displayed in bold. Comments from yesterday and the previous days are above the bold print. Broader market of Wednesday: A balanced distribution with the close near the point of control. An exit of value should provide the first clue tomorrow for a longer time frame presence moving the market. Bank Nifty […]