Market Profile Analysis dated 17th June
Nifty Jun F: NF gave a second consecutive OTD (Open Test Drive) down on low volumes as it opened in Friday’s spike but got rejected from the HVN of 11830 to leave a selling tail from 11830 to 11777 in the IB (Initial Balance). (Click here to view the profile chart for better understanding) The […]
Order Flow charts dated 17th June
A good trader is a one who can make money consistently over a longer period of time. But how to become one such trader, who can make money in any type of market condition? A good trader keeps a close watch on the current information of the market and assesses it for change against previous […]
Order Flow charts dated 17th June (5 mins)
Order Flow can show how a collection of market participates has acted in the past and this helps to create profit by knowing if these traders are profitable or caught upside down. NF BNF
Market Profile Analysis dated 14th June
Nifty Jun F: Yet again, there was no follow up to a Neutral Extreme profile as for the second consecutive day, NF moved away from the previous day’s HVN at open leaving a second VPOC at 11922 in 2 days after the earlier one of 11979 it left on Wednesday. The auction left singles in […]
Weekly charts (10th June to 14th June) and Market Profile Analysis
Nifty Spot Weekly Profile (10th June to 14th June) Last week report closed with this line ‘The weekly range & value has made an outside bar indicating that the auction could continue to be in this range for some more time’ which is what happened this week as Nifty not just stayed in the previous […]