Profile charts for 11th 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 balanced distribution with the close near the point of control. An exit of value should provide the first clue tomorrow for a longer time frame presence moving the market. Bank Nifty […]

SBI expiry May

SBI Futures : SBI Expiry view : SBi has been in balance for 5 days now. 2700 CE is witnessing OI addition. Profile is showing vwap at 2681 and DVAH at 2711. SBI has stayed within 2612-2650 with a recent break-out attempt meeting with temp failure. Further resistance at 2681 VWAP and 2688 single prints

Profile charts for 11th 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: A neutral day with range extensions on either side of IB. Break of the consolidation phase imminent Bank Nifty : – single prints at 12020 at the top.– 11580 had the largest […]

Trade Alerts : 10th may

*** INTRA-DAY TRADES *** 1) Buy BankNifty 11060, sl 11025, tgt 11160part booked at 11103 +43 *** OPEN TRADES *** * Buy Mini 5476, sl 5536, tgt 5627Booked at 5603 + 27 ***Total points for the Day : Nifty :27Bank Nifty :43Option : ***Cumulative points for the May Series ( so far) : Mini Nifty […]

May series so far

Attached are charts of the Nifty and the bank Nifty where we track the building value and the vwap as well as the effective delta for a particular series The blue centre line at 5619 is the vwap and the orange and green lines are extensions of the same vwap line. The purple areas are […]

Profile charts for 10th 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: The market operated in the value area of friday before a late break above vah closed the earlier selling tail and the market wound up at VAH little changed. Bank Nifty : […]

Trade Alerts : 9th May

*** INTRA-DAY TRADES *** 1) Sell Nifty 5547, sl 5562, tgt 5402.Tgt done + 45 2) sell BankNifty 10990, sl 11025, tgt 10910stop hit -35 3) Buy Nifty abv 5564, sl 5550, tgt 5588Booked part at 5565. Missed tgt by 3 points+ *** OPEN TRADES *** * Buy Mini 5476, sl 5536, tgt 5627 ***Total […]

BankNifty Swing

Here is a chart of the BankNifty spot showing moves of the index in intervals of 30 minutes each from 20th of March to the close of trading on Friday 6th May. BankNifty spot : For purposes of clarity we have subdivided the chart into three zones according to the Steidlmayer distribution process. The three […]