Orderflow charts
We've run into a delay with the new look charts , but I hope to get upto speed soon. Meantime here's the flow from Friday and today. Nifty : BankNifty : USDINR : The top pane is the cumulative of the delta pane you see in your […]
BankNifty (fut) Composite Dec and Jan
Here's a look at the composite on the BankNifty for Dec and Jan. What's interesting to note that as Nifty is near range highs for Jan, BankNifty is nearing range lows for Jan near 12610. The composite for the month of Jan has a developing POC around 12840 and is the level […]
BankNifty ATR
Here is a quick chart of the BankNifty spot with value area and ATR The daily chart is in a clear uptrend well above the value area in green. The pane below is the ATR with the green and red showing continuation of up days and down days. There aren't a […]
BankNifty 2 day
Our last post on the inside day in NF fetched 20 points on the downside and 30 on the upside yesterday as the Market broke out of the thurs – fri range . That level of 6035 is still an important level for the NF as it meets overhead supply. As RM pointed […]
Mini composite update
In our last update on the Nifty future we had noted a balance developing in the index and identified potential supports which were at the base of the single prints and the HVN of the smaller balance below. Here's an updated chart, but we will look at spot prices instead today. Nifty spot […]
Nifty Future Inside day
We had an inside day in the NF yesterday. Per the theory of Inside day breakouts we are tracking a clean break of value and range should set up a 50 point move. Let's look at reference levels to initiate the trade. In the chart above 6036 is the upper […]
OrderFlow from 09/01
If you were in the trading room yesterday at the late afternoon selloff, you would have noted that that bit of selling was not done by strong hands and was bought by the bigger players. Here's the chart which will show the process. The result was the market did not move lower at […]
New Look OrderFlow charts
Here's a preview of the new look orderflow charts which we should have live sometime next week. Most of the information from our existing charts will be loaded on to these as well. However there are subtle differences in these charts which will make getting g in and out of trades […]
Institutional activity
In Market Profile we constantly see where buyers and sellers are trading through what we call the value area. It is this value area and the movement away from it which creates the major opportunities for us to day trade and swing trade. In our trading room we monitor these changes through our order […]
Nifty profile check
Here is the mini composite of the Nifty future from 27/12/12. The balance with a prominent POC resolved to the upside and we saw single prints on 1/1/13 which took the market higher. In Market profile terms a balanced profile followed by single prints from near that POC always signifies that longer […]