Nifty daily stats ( 1 )

Here are some stats on the daily movement of everyone’s favorite trading instrument- The Nifty.   If you are an intra day trader or carry positions at STBT or BTST then you need to look at these charts again.   The charts are smoothed using an SMA to 3 to even out the data.   […]

30/04/2012

The first day of the new series was welcomed by initiative buyers, then responsive sellers and then again responsive buying ( short covering) to have the markets close at the previous day's POC.   Since POC is considered the fairest price, the net result of the session was that buyers and sellers finished equals, not […]