SPX profiled
As we head into the weekend, most traders with open positions would be nervous about overseas markets, with the kind of news hitting our open prices. Need to be careful , as those markets are moving 3-6 % on an average everyday. With 2 full days lost before we open next Tuesday, it’s enough to […]
Profile charts for 12 th August
The Prime Levels for tomorrow are possible areas of demand and supply and the same are uploaded in an excel sheet here. The most important number to watch in the sheet is Prime Point Zero or (PP0) which is the level where the market is neutral for the day.A market below PP0 and moving lower […]
Make lazy money from Nifty put options
I got the idea of this from a book that mentioned that portfolio investors like to buy 10% out of money options (OTM) for hedging their portfolios. It got me thinking:- Isn’t 10% way too much out of money? Will this money used for hedging not get wasted? Is it worth the trouble? Instead of […]
Money flow in Gold/ silver
First an OrderFlow chart of Silver traded on the MCX which reversed the sell signal yesterday, printed a buy and gave us 2000 points in the process. Currently it is back to sell mode. So Silver traders please note. and just to add to my rant yesterday on Gold, here is a chart showing commercials […]
Profile charts for 101th August
Nifty Future chart August Series : Perspective : Same as yesterday- The bounce off the lows yesterday nearing 200 points, RM’s wonderful charts of the MO which are displaying extremely oversold values, seem to be indicative of a bounce in store. Generally such counter reactions tend to be violent, and if the lows hold for […]
Profile charts for 11 th August
The Prime Levels for tomorrow are possible areas of demand and supply and the same are uploaded in an excel sheet here. The most important number to watch in the sheet is Prime Point Zero or (PP0) which is the level where the market is neutral for the day.A market below PP0 and moving lower […]
Runaway Gold
First the OrderFlow charts of Silver, which is the newest addition to our MCX trading room. We had a sell signal yesterday, which returned 2200 points ! Now for some longer term references. In one of my earlier posts, exactly a month back, I had posted a chart with Gold then around 1520 and projected […]
Profile charts for 10 th August
Nifty Future chart August Series : Perspective : The bounce off the lows yesterday nearing 200 points, RM’s wonderful charts of the MO which are displaying extremely oversold values, seem to be indicative of a bounce in store. Generally such counter reactions tend to be violent, and if the lows hold for the next two […]
Profile charts for 10 th August
The Prime Levels for tomorrow are possible areas of demand and supply and the same are uploaded in an excel sheet here. The most important number to watch in the sheet is Prime Point Zero or (PP0) which is the level where the market is neutral for the day.A market below PP0 and moving lower […]
NF OrderFlow
This message was posted in the trading room at 9.18 am, when all expected the market to flush down : [09:18] Shai C: big covering happening And then a few minutes later when more clarity came, this was posted at 9.34 am. [09:34] Shai C: I feel 5200 can also be done today We have […]