Evening report trade dated 18th Jan
It was another spike to close off the day. Earlier we opened within the spike but the initial demand near 7400 was easily overwhelmed by supply starting from 7450 levels and long liquidation was seen in the closing hour.
McClellan Oscillator Extremes
MO hit -134 in today’s trades. On Friday it was at -108. Earlier this evening RM, ran an excel on the performance of the MO between 2007 and 2009 when Nifty was trading in an extremely volatile range. In those 3 years, we got an MO reading of -160 on 22/01/2008 and another MO reading […]
Consolidated OrderFlow 18/01/16
We watch this chart live in the trading room and it gives us a Bird’s eye View of the Auction. This is the net traded volume of the Nifty and the BankNifty today in a single bar with the day’s range in the bar. The deep reds will show you aggressive shorts entered and the […]
OrderFlow charts and Notes 18/01/16
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Profile charts dt 18/01/16
Monday’s charts of the NF and the BNF Jan F