Order Flow Beta/ Pre Monsoons
I want to apologize for the lack of service yesterday. It turned out to be an important day as the market climbed first higher and then lower out of it’s recent 3 day range. We are testing the new OrderFlow system and had some problems loading the charts, which got compounded with a power failure […]
Profile charts fo 2nd June
Today’s updated comments are displayed in bold. Comments from yesterday and the previous days are above the bold print. Broader market of Wednesday: The market operated in and around the HVN of 5564 before a spike into the close finished the day at the highs Bank Nifty : ——-– Like the NF, BN has weak […]
Profile charts for 1st June
Today’s updated comments are displayed in bold. Comments from yesterday and the previous days are above the bold print. Broader market of Tuesday: A pull back in the morning session was bought around the HVN of 5482, which was a catalyst for a rally upto the next HVN of 5564 Bank Nifty : ——-– Like […]
Profile charts for 30th May
Today’s updated comments are displayed in bold. Comments from yesterday and the previous days are above the bold print. Broader market of Monday: A low volume day, where value was established sideways with a range extension done on the lower side Bank Nifty : – The marked opened at the top of the 3 day […]
Profile charts for 30th May
Today’s updated comments are displayed in bold. Comments from yesterday and the previous days are above the bold print. Broader market of Friday: The market opened above the late spike high of Thursday and continued to push short covering into the close. Bank Nifty : – The marked opened at the top of the 3 […]
Nifty Medium term
Back in March we had carried an update on the Nifty spot for the short to medium term based on the logic of market profile. You can catch a glimpse of that post from March 5, here. In that post we had strongly argued about the importance of the 5550 level from a medium term […]
Profile charts for 26th May
Today’s updated comments are displayed in bold. Comments from yesterday and the previous days are above the bold print. Broader market of Thursday: The market opened above value high and proceeded to create value upwards throughout the day.3 day profile is still side-ways Bank Nifty : – Bn june has a 100 point seller from […]
Profile charts for 25th May
Today’s updated comments are displayed in bold. Comments from yesterday and the previous days are above the bold print. Broader market of Wednesday: A open below the value area of Tuesday, was met by selling which resulted in a Normal variation day today. Bank Nifty : ————– single prints at 12020 at the top.– 11580 […]
Profile charts for 24th May
Today’s updated comments are displayed in bold. Comments from yesterday and the previous days are above the bold print. Broader market of Monday: A open below the pull back low of Monday, resulted in a double distribution trend day down Bank Nifty : ————– single prints at 12020 at the top.– 11580 had the largest […]
Charts of today
BN : NF : SBI : LT : ICICI : RIL :