Profile Update
Much before the selloff began today in the last hour the delta picture showed dominant sellers in both the Nifty and the banknifty today much unlike yesterday in the latter part of the session when the market was trying an upmove. I like to see both NF and BNF respond in one direction from […]
NF April composite
yesterday we looked at split profiles of the Nifty and saw a balance developing which told us that there was a move to imbalance coming up. That move took the NF to 5773 yesterday, just short of the HVN at 5788.The market then distributed as it rose higher as sellers took advantage of higher […]