27/12/11
Nifty : The NF continued to build value higher in a P shaped profile today which showed that shorts from late Friday covered early in the day. Value continues to be built higher as we track the movement of price and monitor it for trend changes if any. Today’s profile shows single prints in the […]
Profile check
Here is a chart of the Nifty profile showing two composite profiles from the week 12/12 to 15/12 and week from 19/12 to 20/12. Both of these composites were balances and will have important implications going forward. The Profile dated 16/12 shows a move to the top of the balanced profile which failed and resulted […]