September Series Charts

Here is a Volume by Price chart of the September Futures (expired contract).   The Purpose of the chart is only to see and note the volume weighted average price (vwap) of the series as well as the region where the highest volume occurred.     The Orange is the vwap of the series and […]

Profile Charts Of Oct Series

Here are 2 charts of the NF and the BNF which show the Profile or the kind of auction taking place in the market.       These are day session charts with the blue area showing the volume traded at price and to the left of it we have the TPO charts which represents […]

Nifty Expiry

So you had a boring expiry today?   I wouldn't blame you for believing that when you saw a 66 point range today in a series which has seen many 150+ days in the Nifty.   The truth is that Fii's were extremely busy today closing out the maximum amount of Open Interest in Options […]

Big Volume Bars

At Vtrender we are big believers in tracking volumes in charts both horizontal and vertical.   The study of tracking volume horizontally across price is also called volume by price.   These represent areas of high activity or points on the chart where the market attracts participants more than other places.   The traditional belief […]

Ranges

Here are 2 charts which show the range in the NF and the BNF.   The pane below is the current day range marked in yellow against a 20 day moving average figure.       The NF returns a 20 day average point range of 100 points and the BNF gives us 280 points […]

Time Algos in BankNifty

As the Nifty trades above the 50 and the 200 dma we have noted an increase in the algo activity in the market.   These could be mostly system setups programmed to buy above the moving averages. The high number hit in the FII activity both in cash and futures are a result of this […]

Weekly profiles

The NF is at the top of last week's value area and a move within will undermine the upmove of last week and hand control back to sellers.    

ATR

The last 50 day average of the Nifty movements is around 85 points and the last session did 133 points.     The BankNifty has been in a major downtrend for several more days than the NF and hence the 50 day range in BNF is quite close to the current traded range of about […]

September Weekly Nf and BNf

Last week was expiry and the market played out to the expiry math as sellers got a chance to offload as lower levels during the week.   As we look at another week, much of what applied at the start of last week would apply starting tomorrow also, the only difference would be that the […]