Profile charts for Monday- 21/11
Nifty : On Friday we had a normal distribution day in the markets with buyers and sellers both making a presence in equal quantities and moving the market in almost equal ranges.The close was a neutral extreme which showed some buyers willing to take a bit more control on the day compared to sellers. We […]
Value and vwap for series
Here’s value and vwap for the series. Nifty : BankNifty : The new sellers are far removed from value. We are a long way away from vwap as well. The MO charts are also pointing that risk- reward does not favor new selling here. But our OrderFlow charts are not Blue yet, which means that […]
Series vwap and profille
Nifty : The chart is a 30 min chart for the series showing the vwap and the developing profile. Current prices are near the lower deviation of the Vwap band which means they are extended and removed from fair value. Also profile is not showing value for current sellers, so if we do not get […]
Profile charts for 17/11
Nifty : Today we had a neutral day in the markets as buyers and sellers jostled for supremacy.From a bullish point of view we saw the return of responsive buying from the Buyers last seen around 5250 levels only. The two big up moves of the day- one from 5018 to 5074 ( 56 points) […]
Profile charts for 16/11- wed
Today’s consolidation in the early part of the day was in the lower half of yesterday’s profile. The size of the buyer reaction was 5131 to 5175 off the open or 44 points. The actual buying volumes were seen at 5139 and the size of the reaction from there to 5175 has been another 35 […]
OrderFlow performance sheet
OrderFlow performance sheet : [googleapps domain=”spreadsheets” dir=”pub” query=”output=html&widget=true&single=true&element=true&gid=0&key=0Aguuu7T3NhX2dHRQTVdTanJaaTZVZXNUc3hDQ195LXc&range=A4%3AK100″ /]
OrderFlow of today and spreadsheet
This morning off the open we noted the huge volumes at 5139 NF and as the market started to rotate we realized that should that buyer be taken out the market would be ready to move down swiftly. The market moved up and down around the vwap and once the level of 5139 broke, there […]
USD-INR
A Blue in this chart corresponds to a red in equity indices. Watch this chart for inter- market play.
Profile charts for Tues-15/11
A slow morning and a small IB turned into a big range day as momentum increased in the afternoon session. The gap-Up had most traders on the sidelines in the IB as they waited for the market to show it’s hand. If buyers would have rushed in this market could have easily challenged the high […]
OrderFlow on Holidays
The November series has been a series full of holidays.With news coming out of Europe every day, it is never an easy time to trade when we have a holiday at the NSE and the global markets are moving. This is especially true for swing traders who carry their positions overnight.The Global turmoil can means […]