Nifty Road Map 13/07/2011
Nifty Future chart July Series : Perspective : The market is resting on the outermost boundary of it’s lower support.These are not normal conditions to trade as external factors are influencing a lot of the market activity.One needs to be quick to respond to the various cues the market is putting out. Our pre-market updates […]
Profile charts for 13th July
The Power 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 12/07/2011
Nifty Future chart July Series : Perspective : The overnight sell-off in global markets based on Italy and a suspect Spain sovereign debt default, should call for a weaker open and a large gap down. A gap is considered as non-visible single prints. In a gap open, it is important to wait and see the […]
Profile charts for 12th July
The Power 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 11/07/2011
Nifty Future chart July Series : Perspective : A normal distribution on Friday created a spike into the close, as the market failed to hold the 5702 level.Acceptance below the spike lows is a bearish continuation Back Ground : A conventional 3 I day market profile asserted itself as a strong seller showed at the […]
Stocks, Dollar and Gold.
Stocks : Those who have been following our daily market posts before the market open, would have noticed the emphasis on the 4 day balanced profile we were talking all through last week. Since this is a weekly update, it gives a chance to project a slightly longer term picture than the intra day analysis […]
Profile charts for 11th July
The Power Levels for tomorrow are possible areas of demand and supply and the same are uploaded in an excel sheet here. A market below PP0 and moving lower is a weak market intraday and vice versa. Whilst using the OrderFlow charts, it is necessary to book profits at each of the levels mentioned. Thus […]
Nifty Road Map 08/07/2011
Nifty Future chart July Series : Perspective : The bias of the market is easily understood through the value areas and the response of the market in relation to them. Also important is sentiment which is a “feel” of what the market is currently doing versus what the majority expects it to do. We spoke […]
Profile charts for 8th July
The Power Levels for tomorrow are possible areas of demand and supply and the same are uploaded in an excel sheet here. A market below PP0 and moving lower is a weak market intraday and vice versa. Whilst using the OrderFlow charts, it is necessary to book profits at each of the levels mentioned. Thus […]
Nifty Road Map 07/07/2011
Nifty Future chart July Series : Perspective : Unchanged from yesterday– The 5 day profile is developing into a bell with single prints at 5576 below and 5702 above.Yesterday’s profile was contained within the profile of 1/7 and a break of range or a test of the bracket extremes should be the next step in […]