Profile charts for 14th June
The Power Levels for tomorrow are possible areas of demand and supply and the same are uploaded in an excel sheet here. Whilst using the OrderFlow charts, it is necessary to book profits at each of the levels mentioned. Thus a BUY signal can be booked at the closest PR1, PR2, PR3 with every preceding […]
Order Flow & the Power Levels
Sometimes the sellers are so dominant that the signals generated by order flow confirm over a larger period. SBI is a good example : The sell signal from 2315 was valid till 2245 today.The market hit today’s PS1 at 2222 and rebounded. A slight whipsaw as the market tried to move above PP0 today. The […]
NF OrderFlow
This morning, we had an orderflow which asked us to reverse overnight longs at 5462 in Futures, something which we did and booked profits at PS1 which wasa pre market level generated through market profile charts. Subsequently we got a long signal at day PP0 level of 5562, a a position which is up 50 […]