Failed auction
After a big, double distribution ( DD) day yesterday, today’s auction was disappointing from the point of view of sellers as the market did not follow though on the lower distribution and instead chose to build volume in the single prints of yesterday. We like to think about the DD as two separate auctions and […]
Profile charts for 24h May
Today’s updated comments are displayed in bold. Comments from yesterday and the previous days are above the bold print. Broader market of Monday: A open below the pull back low of Monday, resulted in a double distribution trend day down Bank Nifty : ————– single prints at 12020 at the top.– 11580 had the largest […]
Charts of today
BN : NF : SBI : LT : ICICI : RIL :
Weekly value areas
NF : 5490-5429-5398 BN : 10753-10648- 10543 LT : 1578-1526-1474 SBI : 2519-2431-2343 RIL : 931-919-907 ICICI : 1047-1035-1027
Vix and the Declining volumes
If you are regular followers of RM’s Market Breadth postings, you may have noticed the addition of two new tabs above the McClellan oscillator, one for the Volatility denoted by VIX and the other for declining volumes from the declining issues of the exchange. At Vtrender, we are great believers in the MCClellan Readings with […]
Profile charts for 23rd May
Today’s updated comments are displayed in bold. Comments from yesterday and the previous days are above the bold print. Broader market of Friday: Another trending type day caused by short covering near swing lows. Bank Nifty : ————– single prints at 12020 at the top.– 11580 had the largest volumes and the region of 11580/ […]
Profile charts for 19th May
Today’s updated comments are displayed in bold. Comments from yesterday and the previous days are above the bold print. Broader market of Thursday: An inside day after a normal distribution of yesterday Bank Nifty : – single prints at 12020 at the top.– 11580 had the largest volumes and the region of 11580/ 11625 will […]
Series view : ICICI and SBI
We are seeing a very sluggish behavior from BN for the past two days. Part of the reson has been that SBI has fallen a lot post results and it is not at a place for new shorts to enter. Even ICICI bank is suggesting that there may not be great value for new shorts […]
Profile charts for 19th May
Today’s updated comments are displayed in bold. Comments from yesterday and the previous days are above the bold print. Broader market of Wednesday: A normal distribution creating lower value Bank Nifty : – single prints at 12020 at the top.– 11580 had the largest volumes and the region of 11580/ 11625 will resist all up […]
Charts of today
BN : NF : SBI : RIL : LT : ICICI :