Trend Check 03/01/02012
Nifty : BankNifty : In Market profile we analyze 2 things : 1) What is the buyer ( seller) trying to do? 2) Is he doing a good job doing what he is currently doing? The charts above show the buy-sell reactions of the day. Today’s sell reactions were smaller than the buy reactions in […]
03/01/12
Nifty : We had a balanced profile for the session today with close in the upper half of the distribution. In line with our post of yesterday, we were expecting a “fillup” in the lower distribution and that’s what happened today. If the market trades up above 4676, then it will enter the upper distribution […]
Trader resolutions for 2012
As we begin another session trading tomorrow- here’s some resolutions which if you can stick by- you will have a profitable time in 2012. Resolution No 1 : Understand your time frame. If you are a blog hopper, or study views from different places- know what time frame is being talked about before you enter […]
Happy New year 2012
I want to thank all of you for a pretty amazing year gone by and without your support and encouragement I would not be making this post in 2012. We have truly come a long way through the year gone by. Here’s wishing you the very best in this new year and on our part […]