Profile Chart for Friday 24/11

Nifty : Another neutral day in the markets today with a close at the extreme making it a neutral extreme. The b shaped profile and the spike into the close was clearly short covering by weak shorts from the past two days. We all know that short covering is not a sign of market strength.Dpoc […]

Today’s trend

The expiry day today was very non-volatile and kind of an anticlimax to the fears expresses by participants that the expiry will be at the lows of the series. The OrderFlow on which we heavily rely to note the trend of the market printed us a buy call at 4674 today, just past noon. In […]