Order Flow for Reliance

Reliance is making another attempt at the high volume node of 964. Buyers are in control this morning, as OF has been in buy mode. Watch : PR2 at 959 PR3 at 963. A close above PR3 it’s a carry .

Profile charts for 8th June

The Power Levels for tomorrow and possible areas of demand and supply are uploaded in an excel sheet here. All levels are taken from that excel sheet. We will discuss auction theory, role of buyers and sellers and market structure in these next few lines. Today’s updated comments are displayed in bold. Comments from yesterday […]

Order Flow for BankNifty

Yesterday in the BN intra day update we spoke about exiting longs at 10917 in BankNifty and waiting to see if OrderFlow confirmed our pre-market assessment. We got a sell signal in the last few minutes of trade in the BN, a signal which stayed red all morning today confirming that sellers were in intra-day […]