Value areas weekly

NF : 5591-5557- 5523 BNF : 11103-11020-10937 LT : 1552-1533-1514 SBI : 2655-2640-2625 RIl : 961-954-947 ICICI : 1084-1073-1062 These values are valid till the close of trading on friday. Ocassionally they may play out in the first session of trading on Monday. All values are of current month futures. Shorts below value low weekly […]

Profile charts for 17th May

Today’s updated comments are displayed in bold. Comments from yesterday and the previous days are above the bold print. Broader market of Tuesday: The market roatated in the range of yesterday for the most part before making a move lower in the later part of the day Bank Nifty : – single prints at 12020 […]

Profile charts for 17th 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 gap down below value area low of friday was not met by any buying activity resulting in the indices drifting lower in the single prints of friday Bank Nifty : – […]

Profile charts for 16th 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: A failed auction revisit set-up a reverse move taking the Nifty to the breacket highs, before soem late profit booking closed the index just off the lows Bank Nifty : – single […]

Of Failed Auctions and revisits ( FA )

In Market Profile we see the movement of price as an auction between buyers and sellers negotiating value during the day, across time frames. This is an important concept in Market Profile and a good understanding of this concept can clear the way to understand many more concepts in Market Profile Trading strategies. It’s important […]

Profile charts for 12th 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: After some confusion caused by news flow, longer time frame players entered the market to make it a double distribution day after the balanced profile of yesterday Bank Nifty : ( 11156-11019-10882 […]

ICICI Order Flow

Above is the ICICI orderflow chart. I’ll encourage you to observe it before taking any trades based on the signals generated.