Finally shorts relented today in the Nifty F, some of them booked and the index closed above 7920 . For the second straight day the dip was aggressively bought as sellers got pushed into a corner.
General Chat Transcript Room Name: Vtrender Date and Time: October 21, 2014 09:17:00 [08:51] Sharad : GM all [08:58] r m : Good Morning folks! [08:58] r m : Hi Sharad [08:58] r m : http://vtrender.com/levels-and-plan-for-21st-oct/ [08:59] r m : http://vtrender.com/premium/orderflow-charts-and-notes-2010/ [09:01] r m : NF […]
A gap up took the indices higher today but we saw more of the same OrderFlow as Friday with the Nifty F still persisting with the short buildups and the BankNifty showing huge long futures added.