Nifty Profile Pic

We had another failed opportunity to move higher in the markets today and the market liquidated quickly though the value area from friday in the second session as the opportunity from the OAOR open played out in favour of sellers.   Both the profiles look incomplete.  

Bid Ask footprint (intra)

We had an OAOR at the open in the first minor auction of the day.   At such times it is useful to go inside and have a look at what buyers and sellers are actually doing.   An OAOR is an exciting open, dull in the beginning but holding lots of promise later in […]