Roadmap 1/8/11

Nifty Future chart August Series : Perspective : With all the news based triggers out of the way- this market would be back to technical and inherent strength and weaknesses. Back Ground :- A normal distribution on Friday as the market waited for new information. Chart Speak : – Another bell shaped curve.– High volume […]

MCX Copper and Gold

Here is the OrderFlow chart of Copper : 1 point equals 1000/- Gold : 1 point equals 100/- .

MCX Copper and Gold

From Monday we would introduce OrderFlow charts for Gold ( Larger Lot) and Copper in the trading room. There are 2 reasons to introduce these 2 new instruments : 1) Gold is traditionally considered a “safe haven” trade. It tends to go up when the broader equity market sees a bigger risk perception or an […]

Profile charts for 1st August

The Prime Levels for tomorrow are possible areas of demand and supply and the same are uploaded in an excel sheet here. The most important number to watch in the sheet is Prime Point Zero or (PP0) which is the level where the market is neutral for the day.A market below PP0 and moving lower […]

Nifty Road Map 29/07/2011

Nifty Future chart August Series : Perspective : A new series opens on the backdrop of selling based on the RBI event and uncertainty over the debt issues from the world’s largest economy.The larger time frame may still be on the sidelines, waiting for an opportunity to enter or exit.Back Ground :- The down auction […]

Profile charts for 29th July

The Prime Levels for tomorrow are possible areas of demand and supply and the same are uploaded in an excel sheet here. The most important number to watch in the sheet is Prime Point Zero or (PP0) which is the level where the market is neutral for the day.A market below PP0 and moving lower […]

Charts for Aug

As we are into expiry settlement, volumes get divided between the current series and the next one. Many traders simply decide to give trading a miss today. as volatility is heightened on rollovers also. I have not updated the profile charts as it does not make sense trading instruments such as ICICI bank, RIL, LT, […]

Nifty July performance

As we close out the July series tomorrow, here’s a look at what traders did during the series and the values which developed. Nifty July : The chart shows that through the series the region of 5570 evoked the maximum interest amongst traders this July and maximum volumes were exchanged there. This makes 5570 the […]

OrderFlow Gold.

Here is an OrderFlow chart of Gold Futures traded on the MCX for the Intra day trader. .