Tuesday, January 18, 2011

Nifty Trade as per Volume Profile

As per 5 day Volume profile Strong suport lies @ 5655 levels.

If today onwards Nf takes suport & rises than a good rally towards nxt resistence of 5754 & 5828 takes place.

Keep a strict sl of 5640 for all ur longs.

Todays opening is above Yesterday volume area,unless Nf breaks 5655 keep holding longs.

Book out some longs here

Reenter near 5696 spot.


Take profit & try to reenter later untill Nf trading above VAH-5675
Two strong Volume bars @ 5708 & 5711

If it holds than a visit to 5750 cant denied.

Exit from Longs, a highest Volume bar made @ 5709,might a big selling occured.



A big Volume bar @ 5680,
If this time holds it can achive days high & above.

Keep days Low as Sl for longs

7 comments:

  1. Again a good Level to enter long
    Sl -5670 Spot.

    ReplyDelete
  2. I hope all bene fitted got full 30 points.

    ReplyDelete
  3. Today needs to close above 5720 for the uptrend to continue.

    ReplyDelete
  4. If sustains above 5700 & close above 5700
    than carry Nf as BTST

    ReplyDelete
  5. Hurry Book out my Silver longs @ 44050.

    Now onwards try to post Commodity views also.

    ReplyDelete
  6. Again a big Volume bar @ 5692
    I hope Nf gaining Momentum.

    ReplyDelete