Trade Alert : bank Nifty
Description : Buy Bank NiftyPrice : 9475Sl : 9425Target : 9565/ 9640 .
Nifty Profile Pic
Here is an intra day chart of the Nifty Spot stretching back to the 4th of may. As you can see that the range from 5135 spot to 5020 spot represents a minus development region and the Nifty is taking the first steps today to rectify the scenario. What do I mean by this ? […]
Estimates for today
Markets are moving slowly in the 5020-5072 range from yesterday. As expected the auction is in this zone ‘cos of the fast upmove from yesterday afternoon above our 5020 levels. For today 4987 ( Nifty spot ) holds the key to the move. 4987 has to provide the support to the market for yesterday’s big […]
Nifty at target 2.
I’m booking out of my intra longs at 5072. My day is over. .
Update : Nifty (2) at 5060
Book partial profit at 5060 levels for intra. Bring Sl of the remaining qty to 5040. We have had a good day, now let’s play it safe. .
Trade Alert : Nifty (2)
Description : Going Long AgainPrice : 5023Sl : 5008Target : 5065/ 5071 .
Intra Update: Nifty at 5015
The market this morning has been quick and played out to Viren’s levels on Saturday published here At 1.04 pm we are at 5015 and are seeing 5010-5020 acting as resistance to the move up from 4962 . There are two posssiblities at play here. Here’s the profile chart. This is the time value chart […]
Update Nifty at 5000.
Nifty at 5000. We are 34 points up at this stage at 5000 levels.Those who want to book 34 points can do so and bring SL of remaining to 4960. I’m also 70 points up in my Bank Nifty trade in my personal account all in 40 minutes. MP calls it as it is. As […]
Trade Alert : Nifty
Description : Going long for intra.Price : 4966Sl : 4950Target : 5020. .
Order Flow
Viren here. I want to congratulate a lot of people who have taken the opportunity to learn about the revolutionary concept in trading called the ‘Market Profile’. This is evident in emails, your comments and the questions you have been asking about this topic. As you take baby steps to incorporate the methodology in your […]