Day: July 9, 2015

Levels and Plan for 10th July

The imbalance of yesterday was followed by a balance as the market hit the npoc of 30/06 and paused. The profile again shows a selling tail at the top as the Open was rejected again, now 3 days in a row. We are mentally ready for a trend day tomorrow.  

Option Values dt 09/07/15

Here is the Options Summary sheet for today’s trade.

OrderFlow charts and Notes 09/07/15

Here are today’s charts and Notes :

Profile charts dt 09/07/15

We had a balanced profile in both NF and BNF as the imbalance of yesterday found a balance mostly in the same zone where the 2 way auction was seen in the closing 2 hours yesterday.

Nifty and BankNifty Monthly profiles

Here are the Nifty and the BankNifty (spot) current profiles based on Monthly timeframes. Feel free to ask queries in the comments section.