Profile charts dt 13/07/15

The NF and the BNF saw a DD today based on the news from Greece mid session. The profile shows a proper auction in the low volume zone created last week on 7th and 8th.

Levels and Plan for 13th July

The expected trend day we spoke of in Friday’s plan did not materialise in the day. Instead the Nifty probed early above VAH and failed and went to the other side below VAL where it failed again. Our OrderFlow showed strong hints of buying at 8330 again and the same selling seen at 8394 plus […]

Nifty/ BN Weekly View (spot) for 13 July-17 July’15

Last week we expected a sideways 8370- 8590 kind of week. The index fell 30 short of the previous supply seen around 8590 levels and dipped lower to close the week below 8370. However the dip below 8370 did not meet the expected selling response and the index drifted sideways for the rest of the […]

Profile charts dt 10/07/15

We had an NF which explored both sides of value created yesterday in the auction today and finally closed near day center. The BNF on the other hand was in imbalance and auctioned above VAH.

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.  

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.