Market Profile Analysis dated 26th May 2021
Nifty May F: 15303 [ 15324 / 15197 ] NF opened right around the HVN of 15260 with an OH (Open=High) start at 15255 and made the first probe of the day lower as it swipted through yesterday’s low volume zone and tagged the yPOC of 15213 while making a low of 15197 in the […]
Order Flow charts dated 26th May 2021
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 […]
Market Profile Analysis dated 25th May 2021
Nifty May F: 15218 [ 15299 / 15160 ] NF opened with a big gap up of 80 points negating the upside rejection of previous day as it made new highs for the series at 15299 but settled down into an OAOR (Open Auction Out of Range) forming a very narrow 46 point range in […]
Order Flow charts dated 25th May 2021
Many traders are used to viewing volume as a histogram beneath a price chart. This approach shows the amount of volume traded below the price Bar. The Order Flow approach is to see the Volume traded inside or within the price bar, an important distinction. Order Flow trading is thinking about what order market participants […]
Market Profile Analysis dated 24th May 2021
Nifty May F: 15202 [ 15259 / 15150 ] NF opened above the reference of 15225 and made new highs for the series at 15250 but got rejected and reversed back into previous day’s range giving a quick fall of 100 points as it made a low of 15150 in the ‘B’ period and took […]
Order Flow charts dated 24th May 2021
Many traders are looking for information on how to use market conditions to find good trades. Order Flow is best understood as a way to see existing bias in the markets. Order Flow helps us understand who is in control of the market and who is ‘upside down’ and likely to make exits from that […]
Market Profile Analysis dated 21st May 2021
Nifty May F: 15206 [ 15225 / 14992 ] NF opened with a gap up and stayed above the previous day’s VWAP of 14988 rejecting the spike lower triggering a good short covering move in the first half of the day as the auction confirmed a late Drive Up leaving an extension handle post IB […]
Weekly Charts (17th to 21st May 2021) and Market Profile Analysis
Nifty Spot Weekly Profile (17th to 21st May 2021) 15175 [ 15190 / 14725 ] Previous week’s report ended with this ‘The weekly profile is a Trending One to the downside with multiple distributions as can be seen with daily VPOCs being left at 14753, 14840 & 14937 though the Value for the week was slightly […]
Order Flow charts dated 21st May 2021
Many traders are used to viewing volume as a histogram beneath a price chart. But the Order Flow approach shows the amount of volume traded during each price bar, and also it breaks this volume down into the Volume generated by the Buyers and the Volume generated by the sellers again at every row of […]
Market Profile Analysis dated 20th May 2021
Nifty May F: 14933 [ 15085 / 14911 ] NF opened around the yPOC of 15051 and made an attempt to probe higher but could only tag 15085 as it got rejected from just below yVWAP of 15093 confirming an ORR (Open Rejection Reverse) start for the day after which it went on to break […]