Over the weekend, we received quite a few emails about the charts Shai posted on Market Profile on Saturday here
If you watched the action from the morning, this upmove began from 6125 levels and halted at 6180 and so far the weakness from 6180 has again halted near 6125.
6125 is the red horizontal line in the chart posted by Shai on Saturday.
I’m positing a screen shot of our trading room charts below.This snapshot was taken earlier in the morning. :
The charts above are the QT charts of the Nifty and the Bank Nifty
The one’s below are the order flow charts of the same two indices.
We are having a free webinar on Saturday 30th Oct for all our regular readers to help understand our charts better.
The webinar will start at 11.30 am on Saturday.
The webinar will cover the basics of the market profile order flow theory and we will give you a sneak preview of the concepts we use in the trading room.
The webinar is invitation only. To get a free invite send a mail to firstname.lastname@example.org with “Webinar on Sat” in the subject line.
We do have limited seating in the conference room. So the seats will be open to early birds only.
Shai will send out a detailed mail on Wednesday with the meeting agenda.