Nifty profile picture
Here are the profiles for Nifty and BankNifty which show the sideways trend short term. yesterday was the 4th session within the range established on the 11th of OCT. The grey volume bars on the extreme right show the balance developing. Yesterday the profile moved within the lower region of the […]
Ref Levels for 17/10
OrderFlow 17/10
Here are the orderflow charts from yesterday with the delta at the top.
Ref Levels for 16/10
Here are the reference levels for the day based on yesterday's auction
Algo check
Here is some intesrting activity which happened twice at 1.44 and 2.44 pm today. This ius one of our background charts which gives us algo activity taking place in the market. The chart tells us the volume traded at each price. Notice the horizontal bars in green which is one time […]
Ref Levels for 15/10
We were not too surprised with the market giving up all most of it' gains on Friday as the delta from the day before showed longs exiting near the close on thursday. Have a look : In today's trade 5664 is the big support. BankNifty : For an explanation […]
MCX Weekly update
The week gone by worked differently for metals and energy. Here is an update : CrudeOil October Future : Crude Oil went sideways for three days as it consolidated the move from 4603 from end of last week. Profile chart above shows the balance developing and the end of the […]
Vtrender Quant Pairs- Performance Update
At Vtrender about a month back we launched Vtrender Quant Pairs ( VQP) – our new offering designed to take advantage of the opportunities in the market whist minimizing risk. The idea was to reduce risk and simultaneously seek profitable opportunities which would work in rising/ falling or flat markets. You can find that initial […]
Auction of 11/10
Here is the volume and delta picture of today's auction. For more on understanding the charts refer to yesterday's post- http://www.vtrender.com/content/ref-levels-1110 The levels marked in white are the points where the buyers come in and the levels in yellow belong to the seller.
Auction
An auction is a 2 way movement between Buyers and Sellers and if Buyers in the auction are stronger then price will move up Conversely if sellers are stronger price will move down