Nifty swing view

We had an interesting day in the markets as NF and BNF diverged on delta and the OI picture shows a reduction in BankNifty Open Interest and an addition in Nifty Open Interest at the close.   OI chart updated by RM is here :  Current Month OI   Here are the profile and delta […]

Bid- Ask screen

The bid ask screen defines a true auction.   In the market today it was easy to form a view based on the same bid -ask.   Have a look :     There was one large attempt made by the seller at 12.41 today to control the market, but apart from that you can […]

Split Profiles

In market profile we learn to distinguish and trade the market not based on time or day but actually on the type of auction taking place.   Since RBI day we have had 4 different mini auctions taking place.   Have a look at this profile chart :     The chart is annotated.   […]