Order Flow charts dated 01st March 2021
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 26th February 2021
Nifty Mar F: 14578 [ 14950 / 14521 ] NF confirmed the multi-day FA at 15230 with a big gap down open of 222 points as it went on to complete the 2 ATR objective and in the process tagged the VPOC of 14840 from 24th Feb while making a low of 14815 in the […]
Weekly Charts (22nd to 26th February 2021) and Market Profile Analysis
Nifty Spot Weekly Profile (22nd to 26th Feb 2021) Spot Weekly – 14529 [ 15176 / 14467 ] Previous week’s report ended with this ‘The weekly profile is a Neutral Extreme one to the downside with yet another prominent POC at 15305 and has overlapping to higher Value at 15125-15305-15415 though the close has been […]
Monthly charts (February 2021) and Market Profile Analysis
Nifty Spot – 14529 [ 15432 / 13662 ] Monthly Profile (February 2021) Previous month’s report ended with this ‘Value for the month was completely higher at 14098-14570-14644 but the close has been way away from the Value with an extension handle at 13902 along with a spike from 13728 to 13597 which would be […]
Order Flow charts dated 26th February 2021
Many traders are used to viewing volume as a histogram beneath a price chart. This approach shows the amount of volume traded below the price Bar. The Order Flow approach is to see the Volume traded inside or within the price bar, an important distinction. Order Flow trading is thinking about what order market participants […]
Market Profile Analysis dated 25th February 2021
Nifty Mar F: 15169 [ 15290 / 15075 ] NF continued previous day’s closing imbalance with a gap up and a probe higher in the ‘A’ period where made a high of 15225 but then settled down into an OAOR (Open Auction Out of Range) as it formed a balance above PDH in a narrow […]
Order Flow charts dated 25th February 2021
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 24th February 2021
Nifty Feb F: 14994 [ 15024 / 14714 ] NF opened higher right at the 2-day composite POC of 14755 and took support at 14714 confirming that the initiative sellers of Monday have all booked out as the auction remained above the Trend Day POC of 14705 for the last 2 days and even left […]
Order Flow charts dated 24th February 2021
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 23rd February 2021
Nifty Feb F: 14711 [ 14871 / 14662 ] NF made a gap up open and tested yesterday’s PBH of 14768 as it made a high of 14774 in the ‘A’ period from where it reversed the probe to the downside and went on to make new lows for the day at 14662 in the […]