Not going anywhere
Here is an update to the chart posted yesterday The past 2 sessions have not seen any excess which tells us that there is no OTF present now. Big money is still on the sidelines . The range for the month is just about 220 points. WE are trading an […]
In the spike
Viren’s trades/ OrderFlow in NF
Here are the trades sent out today : 1) Sell BN 10630-10640, Sl 10679, tgt 10580/ 10530 2012-04-18 11:23:00 Exit BN shorts 10645- 10655.Market not showing any movement. 2012-04-18 11:56:00 2) Sell NF below 5339, sl 5355, tgt 5320/ 5305 2012-04-18 12:37:00 Exit NF short trade now at 5250/52 2012-04-18 13:27:00 One […]
18/04/2012
The RBI announcement helped lift up the markets today, but the broader market was still within the 6 day range in the NF and the 3 day range established in the BN. Any movement above 5248 and 5380 can only force shorts to cover. Without that happening, we will still remain locked in […]
NF Profile & vwap
The chart below has a) vwap in yellow and it's standard deviations ( 2SD) extended above and below in yellow b) Composite POC running in white across chart c) Profile for April in bluish purple on right d) daily POC in blue e) High volume nodes as green lines running across the chart horizontally
20-40 trades of today ( 17th april)
Here are the trades given on Viren's 20-40 advisory today. Trades are chosen from the market profile methodology and by using sound principles of money management to put risk -reward in your favor 1) Sell BN 10570-10580, sl 10620, tgt 10500. Trade 50 % qty only. 2012-04-17 11:14:00 BN at tgt 1 10500. […]
OrderFlow before RBI
Chart shows how big money positions ahead of news 2 trades before the RBI made it's announcement at 11.00 am and OrderFlow positioned us for the two algos who sold first and brought later just 8 minutes ahead of the policy decision.
17/04/2012
Ahead of the RBI announcement tomorrow, the contrasts we are seeing in the auctions of the BankNifty and the Nifty continue. After the DD seen on Friday, the BN spent the entire day auctioning out in the low volume single print zone whereas the Nifty was comfortable in staying below the lower end of […]
20-40 trades today
2 TRADES SENT OUT TODAY 1) Buy BN abv 10454, sl 10410, tgt 10515. Exited at 10430 2) Sell BN 10410-10415, sl 10450, tgt 10345 Profit booked at 10360. We will continue to be conservative in the first few days of the launch and push more aggressive trades as time rolls by. More details […]
16/04/2012
In our last update on Thursday evening we had noticed a discrepancy between value and price in the BankNifty and had posted it as a red flag with these words- The weekly picture paints a small alarm as the recent upmove is not enjoying value.– http://www.vtrender.com/content/13042012 Here are the charts : The […]