Monthly TPO chart

Here are the monthly TPO charts of the Nifty and the BankNifty showing the price distribution in this month as of the close of trading on Friday- 24th Aug.   Nifty Futures Aug :     Please click on chart to magnify it.   The green shaded region is the developing value and the purple […]

MCX Weekly check

Here's a fresh look at MCX commodities and what to expect in the coming week.   Crude Oil September :     Crude has been on a big bull run and the month of August has seen crude rise from 4932 to 5425.   The Profile chart above shows volume developing at 5412 on Thursday […]

Filling up

Here is a re-look at a chart I had posted about 2 weeks back on the BankNifty in this post here-  : http://www.vtrender.com/content/bankniftys-distribution     In that post – the market would move to efficiency by operating within the low volume zone for a few sessions.This zone is roughly 10370- 10530 on the spot and […]

Volume Breakdown

The charts we stream live in the trading room have now the added functionality of seeing within the volume candle to show buying/ selling pressure.   The common term used in market parlance for the ability to do that is called Delta.   Delta takes out the guess work when it comes down to see […]

NF Composite

The Nifty future continues to operate at the upper end of it's recent range   The composite profile again shows the balance developing which should set up another good vertical trade.     As always exit of value area and range is the best strategy to trade the balance zone.   Current value area is […]

SBI- short term auction

SBI is down from 2090 on Wednesday to 1857 today on poor earnings.   Here's a profile picture :     After hitting balance on Tuesday, the stock shows there distinct distributions marked in green in the chart above.   Friday was a double distribution day as the stock found new value below 2000.   […]

Trading with NG/ Copper/ Crude/ Silver and Gold

Here are some updated charts of the commodities we track   Natural Gas August future :     NG had a good rum above 165 and just when it looked poised to scale 200, the seller stepped in at 180 levels and at the close of this trading week has managed to push it below […]

BankNifty’s distribution

Here's a chart of the BankNifty spot showing the distribution of the past 2 months.     The Profile is a DD or a double distribution as it operates in the low volume zone in between the 2 distributions.   You can find a definition for DD at this link- http://www.vtrender.com/content/double-distribution-dd-0   The above chart […]

OrderFlow charts @MCX

    Natural gas chart had a sell signal at 177.3 and closed at week lows of 161.6.   The seller at 180 prevailed over the buyer from 164 earlier from last week.   Copper :     Copper had a big sell near 422 earlier on Wednesday and when buyers did not show up […]