Monthly range

Here are 2 charts which will give the movements in the Nifty on a month to month basis in terms of price difference and the 12 period average of the same.    

Buyers respond

Yesterday’s DD we noted is still controlling the market auction and only a move above those session highs can give the buyers some impetus.     Personally would have preferred the market to spend a little more time below 6200 . But those buyers we saw on 18/11 had some other ideas. Here is what […]

Minus Development sets up a rise

The November series just got interesting after the gap up and the spike into the close yesterday.   The down move which was one time frame from 6360 to 6004 in the November Futures showed value drifting lower and any more fall would have seen some serious long liquidation in the markets.   Critically at […]

Volume at price in NF

As the Nifty begins a retrace of the recent downmove we have seen, here is a volume by price chart which will show us where the big volumes have come     We have a cumulative profile for November in blue on the right which is the net of the volume traded at every price […]

Consecutive closes

Here's a chart of the Nifty Spot which shows the number of days the market went in one direction between open and close.     What we have done in the above chart is that we have taken only the direction between the open and the close and not between the previous day's close and […]

Weekly profiles NOV 4-8

Here are the weekly profiles for the Nifty, BankNifty, Nifty Nov futures and BankNifty Nov Futures   The Blue shaded region is the weekly value area   Nifty Spot:     BankNifty Spot :     BankNifty Futures :     Nifty Futures :     The pink shaded above is the weekly value and […]

Nifty Spot Early November

Here is the Nifty spot in profile.   Chart shows us the possibility of a trading range being established between 6250 and 6350.     Price is current as of 12.30 today.

NF Diwali Day Prices

Here is a volume by price chart sent by Viren for the NF which traded on Sunday     The chart shows high volumes of the day in red and are around 6355 mainly.   All of them are in reasonalble profits at current prices of 6290 in the futures.   That zone of 6355 […]

NF November Profile

The Buy Auction which started on RBI day is still ongoing with volumes and data pointing to buyers dominating the action.   At this moment we don't have a counter response from the seller even as the NF trades at ATH.   Auction theory- The market will continue up till the last buyer has bought […]

vwap of October

As we look back into the October series, it's been a buyer dominated one and the buyer has stamped his authority through October.   In our last post – http://vtrender.com/content/september-series-charts, we had noted the September series vwap to be around 5734 for the expiring Fut or roughly 5700 in the spot.   That happened to be […]