Market Profile Analysis dated 22nd October 2020
Nifty Oct F: 11898 [ 11935 / 11827 ] NF opened lower and remained below the late PBH (Pull Back High) of 11949 all day forming a balanced profile in previous day’s low volume zone as it confirmed an inside bar both in terms of Range as well as Value leaving a narrow 107 point range […]
Order Flow charts dated 22nd October 2020
A good trader is a one who can make money consistently over a longer period of time. But how to become one such trader, who can make money in any type of market condition? A good trader keeps a close watch on the current information of the market and assesses it for change against previous […]
Market Profile Analysis dated 21st October 2020
Nifty Oct F: 11927 [ 12017 / 11767 ] NF opened higher much above the yPOC of 11893 and gave an Open Drive on just about average volumes as it took out previous week’s Trend Day high of 11999 & the swing high of 12003 in the IB as it hit 12006 but once again stalled […]
Order Flow charts dated 21st October 2020
Many traders are looking for information on how to use market conditions to find good trades. Order Flow is best understood as a way to see existing bias in the markets. Order Flow helps us understand who is in control of the market and who is ‘upside down’ and likely to make exits from that […]
Market Profile Analysis dated 20th October 2020
Nifty Oct F: 11896 [ 11945 / 11831 ] NF opened lower but was swiftly rejected from 11831 as it got back into previous day’s Value as it not only completed the 80% Rule in the ‘A’ period but scaled above PDH (Previous Day High) to hit 11918 after which it formed an inside bar […]
Order Flow charts dated 20th October 2020
Many traders are used to viewing volume as a histogram beneath a price chart. But the Order Flow approach shows the amount of volume traded during each price bar, and also it breaks this volume down into the Volume generated by the Buyers and the Volume generated by the sellers again at every row of […]
Market Profile Analysis dated 19th October 2020
Nifty Oct F: 11889 [ 11899 / 11818 ] NF opened with a big gap up pf 85 points and remained above PDH (Previous Day High) as it negated the Trend Day Extension handles of 11832 & 11864 while making a high of 11890 in the IB (Initial Balance). The auction then made a C […]
Order Flow charts dated 19th October 2020
When we think about how to measure volume in the market one of the keys is Order Flow. It plays a role by telling us what the other traders have done in the market and are currently doing and this provides valuable clues and potential opportunities to trade. An Order Flow trader can actually see […]
Market Profile Analysis dated 16th October 2020
Nifty Oct F: 11765 [ 11798 / 11673 ] The Trend Day in NF paved way for a balance on Friday as the auction remained in a relatively narrow range of 125 points forming an inside bar and a Normal Day filling up the low volume area of the previous day’s profile and closing right […]
Weekly charts (12th to 16th October 2020) and Market Profile Analysis
Nifty Spot Weekly Profile (12th to 16th Oct) Spot Weekly – 11762 [ 12025 / 11661 ] Previous week’s report ended with this ‘The weekly profile is a Trend Up one with a big range of 486 points and completely higher Value at 11598-11877-11931 but as it goes with trending profiles, we do not look […]