OrderFlow 28/02

The day was the exact opposite of yesterday right from the opening price.


Using the OrderFlow and the simple message from Market profile , we were quick to add 75 points in the NF and 300 in the BankNifty to the 110 and 350 we made yesterday.


If yesterday's charts posted here had price below vwap and dpoc , today it was just the opposite.with buyers picking up every touch of either vwap or dpoc.


Nifty :


Orderflow 28/02


BankNifty :




Orderflow 28/02


As discussed in the morning post, the broader market seems to be in a consolidation zone and it would pay to play for short moves and take quick profits.