Wednesday, December 22, 2010

Nifty Volume profile trading

I will post here my trades based on Volume Profile.

Yesterady Nifty has highest volume at the level of 6001.

So today it should get strong suport at that level.
Also VAH In futures 6016 gives strong suport if the momentum is strong.
Can create Long near to VAH or 6001 NS. with small sl.
Target 20-30 points.


As I write here Nf start Flying.
Book out my 1 lot with 25 point profit.
TSL second with 6030 Nf


If any body want to enter than second entry point is near to
6025-6027 Nf.


Today 5 Min chart gives highest Volume near to 6018-6019 NS.
Long Here with sl 6012 ( 6 points risk).

Sl Hit exit from all longs.


Renter with 1 lot @ 6027 Nfuture.
Sl 6016 VAH.

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