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Nifty Trading Ideas: Market Profile


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Nifty Trading Ideas: Market Profile

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  #31 (permalink)
Nagpur, Maharashtra, India
 
 
Posts: 29 since Oct 2015
Thanks: 4 given, 10 received





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  #32 (permalink)
Nagpur, Maharashtra, India
 
 
Posts: 29 since Oct 2015
Thanks: 4 given, 10 received



Nifty too has a deep VAP profile developing at current levels, but it does not look as symmetric as BNF profile.
But we still have a thick center developing on Nifty.
We had a value developing lower than yesterdays, with value being pulled to price.
This means we are not yet done with the down move, ad are still in search of strong buyers.



We have a big distribution maturing on BNF, as is evident from the VAP overlay on the right.
Once this is done, we might get a new auction starting, the direction of which is not clear yet.
Yesterdays upper distribution was rejected totally, and value was pulled to price. This is a bearish development.

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  #33 (permalink)
Mount Martha, Victoria, Australia
 
Experience: None
Platform: Acme VP & MP, Jigsaw
Trading: FESX FGBL
 
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Posts: 230 since Dec 2014
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Hi there

Are you still trading the Nifty? Do you use the DOM/order book to execute your MP trades? IF so I'd appreciate if you would kindly care to share a screen shot of the DOM/order book so I can get an idea of how thick the market is.

Rather not pay the $68 pm SGX fee to get the data just to see this!


Thanks

Z

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February 10, 2016


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