Trade Alerts : 18th Jan
*** INTRA-DAY TRADES *** * Sell Nifty above 5688, sl 5716, tgt 5661Exited at 5708. Mkt reversed from 5673.-20 * Buy 5800 Ce at 40, sl 26, tgt 75Exited at 31.-9 * Buy Nifty above 5713, sl 5698, tgt 5729/ 5745Booked all profits at 5741+ 28 *** OPEN TRADES *** * Buy 5700 Ce at […]
Power of Profile
It’s been my long held belief that if you are not looking at the markets through price and volume as a combination, you are in fact looking at the market through one eye! Over the years, in chats with several traders I have found that those traders who watched volume alongside price always emerged more […]
NF daily profile
Here is a chart of the NF daily profile showing volume accumulation as well as all the HVN’s and LVN’s. The chart is daily prices. The brown shaded region represents the volume traded as a profile. The red lines are low volume nodes. The green lines are high volume nodes. Clearly the largest volumes are […]
Trend Indicator Charts for today
Here are the orderflow charts of today from the trading room. Nifty OF : Bank Nifty OF : I have received a number of emails on the subject of these orderflows. I wish to touch on a few points. 1) Even though I use the word “indicator” to describe the OrderfLow, it actually is a […]
Profiles
No arguments between price profilers and volume profilers for tomorrow. Both sets of profile agree on value : Bank Nifty : Peculiarity of the day : bell shaped profile. Always an indication that a vertical move will initiate. The last bell shaped profile on the Nifty was on 3rd Jan at 6200 levels. Refer to […]
Trade Alerts : 17th Jan
*** INTRA-DAY TRADES *** * Buy Nifty above 5696, sl 5768, tgt 5720Stop taken-27 * Buy 5700 Ce at 68, sl 49, tgt 80Exited at 63.-5 *** OPEN TRADES *** * Buy 5700 Ce at 65-67, sl 48, tgt 120. Total points for the Day : Mini Nifty : –Nifty :-27Bank Nifty : Option :-5 […]
Non Trend day
The very first 30 minutes of trade were enough to give us an indication that this was a day which would be different from the ones we had seen last week. After a few neutral extreme days back to back dominated by sellers, the markets put in a non trend day today moving within a […]
Profile charts
Bank Nifty : Nifty :
Trade Alerts : 13th Jan & 14th Jan
*** INTRA-DAY TRADES *** * Buy BankNifty 11070, sl 11020, tgt 11140Sl taken– 50 * Sell Nifty 5832, sl 5853, tgt 5812Exited at 5839-7 * Buy Nifty above 5736, sl 5718, tgt 5760Booked all profits at tgt 1.+ 24 * Buy Nifty above 5852, sl 5813, tgt 5888Stop hit.– 39 * Sell Nifty 5803, sl […]
Disbelief
The story of the day today was high volatility and complete dis-belief. The sell from the open at 5760 was looking like 5550 very early in the morning when it turned and moved away from the morning lows to 5780 and then 5810 and before you could react you had 5855 printed. What followed was […]