29/02/2012

Today's profile charts are split and we look at price changes around value and Points of control ( moving) instead of structure.

 

Nifty :

 

Weeklyvalue 2 29/02/2012

 

The bluish purple regions is the composite weekly profile and the green shaded regions are the value areas.

 

The purplish boxes within the white value area background is the moving POC. As can be seen if it moves up then market has crosses higher and when down the market is come below.

 

Currently in these past 3 sessions we have seen a sideways movement.

 

BankNifty :

 

Weeklyvaluebn 29/02/2012