OrderFlow from Today
A quite day turned volatile into the close Most of the session showed the complete absence of buyers in propping up a dull market and the market continued to drift lower before some aggressive shorting and covering late into the day, brought some excitement to the day’s proceedings. Here are the OrderFlow charts for Nifty […]
Profile charts for 10th 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 forTata Motors
here is an Updated chart of tata motors since yesterday Notice the signal reversal at 1039 telling us that sellers had come into the market again. Current lows in tata motors are 1007 Watch : PS2- 1005 PS3- 991. PS2 functions as a bigger support for the market and works opposite to PR3 .
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 […]
Order Flow for Tata Motors
Tata Motors- Pre market levels on Tata Motors PR3- 1055PR2- 1048PR1- 1041PP0- 1034 .
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 […]
Power Levels
One of the most important aspects of the newly introduced OrderFlow charts is the relation of the Moving price to projected levels of support and resistance which we can find before the market opens. We have modeled these levels on the Pivot method of support and resistance, except that instead of using price only […]
New OrderFlow
In our trading room we have introduced signals for our orderflow indicators as well as levels to decide part booking or exiting an established position. Check the buy call in BN at 10712 yesterday Based on our intra day “power levels” we have set alerts to exit the holding at 10917 or 10994 BNF based […]