Weekly charts (31st Dec to 4th Jan) and Market Profile Analysis

Nifty Spot Weekly Profile (31st Dec – 4th Jan) Nifty Spot has poor highs at top of the weekly profile thanks to the similar highs of 10923 made on Monday & Tuesday. It made a nice balance in the upper most part till Wednesday afternoon from where it moved down leaving an extension handle of […]

Market Profile Analysis dated 4th Jan

Nifty Jan F: NF opened with a small gap up which was also an OL (Open=Low) & went above 10745 to tag 10765 but could not test the pull back high of 10787 making a high of 10777 before turning down. The auction then went on to break the OL start of 10740 which meant […]

Order Flow charts dated 4th Jan

Timing is the key to successfully trade the markets in the shorter time frame. Order Flow is one of the most effective methods to time your trades by seeing exactly what the other traders are trading in the market and positioning your bias accordingly. Order Flow is the most transparent way to trade and takes […]

Market Profile Charts dated 4th Jan

The Market Profile is a unique charting tool that enables traders to observe the two-way auction process that drives all market movement The Market Value Area is especially important for day traders to identify. It guides short-term traders to the price levels where the greatest volume of trading is taking place. To know more about […]