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 […]
Order Flow Screen
We now have the ability to view the smaller OrderFlow in non-index futures. This would be represented as pink-green. Tata Motors has been added to OrderFlow charts,
Order Flow 1.2
We would be introducing new Orderflow charts in the trading room tomorrow. The basic structure for the OrderFlow remains the same. 1) Two OrderFlow set-ups for the longer time frame and the day time frame- the longer time frmae will be represented by blue-red and the smaller by green pink 2) The value areas will […]
Profile charts fo 7th June
Today’s updated comments are displayed in bold. Comments from yesterday and the previous days are above the bold print. Broader market of Monday: The market operated in two zones, one below the value of fridsy in the early part of the day and then in the lower distribution of friday, finishing flat for the day. […]
Pre market check
At Vtrender -2 we do a comprehensive pre market update on the Nifty, BankNifty , Reliance, SBI and ICICI for a bias to the morning session as well as levels to book profits or initiate new ones. The pre market levels can be confirmed with the Order Flow charts in the trading room.Here is a […]
Profile charts for 6th June
Today’s updated comments are displayed in bold. Comments from yesterday and the previous days are above the bold print. Broader market of Friday: A double distribution day. Bank Nifty : ——-– Like the NF, BN has weak structure but a strong buying tail at 10730——–– A dd in BN with distribution between 10720-10790 and 10845-10945– […]