FII’s in FnO- 10/03/14

Despite the huge cash buy figure of 1254 CR by FII’s in cash today, the data recieved by close signals the start of a sideways move in the Indices

2 Day Profiles

Here are the two day profiles of the NF and the BNF for March post the big breakout out of the consolidation last week.  

TradingRoom Charts and Plan for 10th Mar

The BankNifty had a big trend day on friday as it broke over our weekly range estimate and continues to trend higher.   The result was a 600+ day .   The chart above shows BNF trying to build a value between 11840- 11920 which got extended to 11785- 11985.         Since […]

Trading ROOM charts + Plan for 08 Mar

We had another trend day in the markets today as both the NF and the BNF started at one end and closed at the other.   Going into the day we were fairly confident of the Market being strong above the PDH from wednesday.   I was expecting the seller to show up sometime during […]

FnO data -06 March

        Here is a look at the total OI buildup in NF and BNF as the Nifty made new highs today and broke above 6355  

Trading Room charts 05/04/14

  The BankNifty had a double distribution trend day today .   The break from the inside day pattern seen on 25- 28th FEB is still continuing ad we see one party giving up and the other adding up positions.   There have been now 3 back to back trending days since the failed move […]

Trading Room Charts -03/03/13

The BankNifty and the Nifty had a trend day today after opening in the value area and created balance of friday.   In BNF the open initially did not meet sellers below PDL in the first hour and the market went through the value area to complete the 80% and look above PDH.   But […]