Wednesday, February 2, 2011

Nf Trade as per Volume Profile

As per 5 day Profile Strong support @ 5415 Level & resistence @ 5537.

Today Profile shows a sell of @ opening at 5470 level.

Once Nf cross it & sustain may see 5500 today.

I am hoping 5600 til friday,Biased on Long side.

All Longs strict sl -5400 Spot.

12 comments:

  1. resisted again @ 5470 & fall till 5453.

    A big supotive candle @ 5445,holds & past clear 5470
    than 5500 today sure

    ReplyDelete
  2. DLEMA is also 5471,
    Amove past 5475 can take it to 5500

    ReplyDelete
  3. Now break 5471 with force
    Going Long With 20 point sl

    ReplyDelete
  4. I cover my morning longs @ 5500.

    Big volume bars in The range of 5460 & 5465.
    If Sustain Than we may witness 5500 today.
    Sl 5460

    ReplyDelete
  5. A double top in Nf future If not break days high may fall again to 5460 level.

    ReplyDelete
  6. Booked all my longs @ 5510.
    Now no position

    ReplyDelete
  7. I am out & see Market also cleanbold,went for lunch so cant update regarding Target.

    ReplyDelete
  8. Bigest intra red bar in 5 min charts.
    If not retraced in nxt 30 min we may end at days low

    ReplyDelete
  9. Nifty has to hold 5455-5460 level today till Closing otherwise a Red closing can Occur.

    ReplyDelete