02/12/11
Nifty : The chart above is a multi day composite profile of market activity over the past few days. These composite profiles tend to give us a good idea of what the market is doing in it’s time rather than a scheduled clock time from 9.15 to 3.30 pm. From the left we have the […]
30/11/11
Nifty : I don’t have a lot to say today, so I’ll make this short. We had another neutral day marked by a failed auction at 4885 today. A failed auction is visited between 1-5 sessions after the event.There was evidence of longer TF buyers and sellers who each tried to move the market today. […]
Profile charts for Tues-29/11
Nifty : Coming into the day, we were waiting for a resolution of the neutral day seen in the markets on Thursday and Friday, and had noted that a break of value and range would setup the most rewarding trade as one party would give away control to the other. 30 minutes into the open, […]
BN composite
Tricky area in BN- Zone of the prev single prints
OrderFlow from last week
Here are orderflow charts of the past week. Effective Monday- 28/11, we are rolling over Silvermic to SilverM Feb contract and Copper November to Copper Feb contract.
Profile for 28/11 Mon
Nifty : The first day of a new series was divided equally between buyers and sellers and we had another neutral day in the markets. Neutral days are areas where the markets tell us that buyers and sellers are present in equal numbers in the markets and the market may begin a move in one […]
Composite Update
Here is the composite from last night. We mentioned about the spike and the Nifty has chosen to auction in the spike zone above the POC of yesterday. The two zones on the chart have depleted volumes and need to be re-visisted. Here’s the one as of the moment- an update to the above one. […]
Profile Chart for Friday 24/11
Nifty : Another neutral day in the markets today with a close at the extreme making it a neutral extreme. The b shaped profile and the spike into the close was clearly short covering by weak shorts from the past two days. We all know that short covering is not a sign of market strength.Dpoc […]
Profile Charts for Wed 23/11
Nifty : With 2 sessions to go before the November expiry, the Nifty put in an Inside day today and a balanced profile in the lower half of yesterday’s p shaped profile. We had noted yesterday, on how the longs from Friday’s profile had closed their positions leading to a move lower from 4836 yesterday. […]