Levels and Plan for 22nd July

he Markets spiked lower in afternoon trade and made it to our first weekly support of 8518 mentioned over the weekend ( day low of 8517) . However the BN weekly chart was technically damaged in the sell off today and reached 18700 by close. Since the auction was a spike we await new information […]

Levels and Plan for 21st July

So often we have seen and discussed in our trading room that the first 15 minutes of Opening volume on a Monday this series (and some of the last) has been reversed and the same played out today yet again. The Nifty was relatively unchanged at close.

Profile charts dt 20/07/15

We had failed range extension in the Nifty today and a Normal variation in the BNF. Here are the charts :

Levels and Plan for 20th July

The NF and BNF put in a Normal day again as market participants digested a 3% move seen in the main index during the week. Both Profiles are back to balance.