Hello all.
Apologise for the late appearance. I'm typing this out from a friend's office, as we have a major internet outage at ours.
The value areas for today are 5399-5385-5378.
The market still is in neutral mode or "hold".
Yesterday's levels of 5411-5355 are still valid as the market makes up it's mind.
Trade accordingly.
I will post updates once I'm back in my office.
----
skip to main |
skip to sidebar
Twitter
This blog intends to reduce the noise from the markets by the use of Market Profile as well as studying inter-market associations and their relevance to the short-term trend.
What's Vtrender Live
-Full Fledged Trading Room
-Live Streaming Charts
- Live auto generated Buy/ Sell signals
- Signals sent to twitter and/or phones
-Market Analysis
-Trading Range
-Live Calls
-Trades On NSE Indices & MCX Commodities
-Interpretation for trades
-Support for existing Positions
-Chat Room
-Community Support
-Private website for subscribers
-Live Streaming Charts
- Live auto generated Buy/ Sell signals
- Signals sent to twitter and/or phones
-Market Analysis
-Trading Range
-Live Calls
-Trades On NSE Indices & MCX Commodities
-Interpretation for trades
-Support for existing Positions
-Chat Room
-Community Support
-Private website for subscribers
Vtrender Live
Contact
vtrender@gmail.com
vtrenderlive@gmail.com.
vtrenderlive@gmail.com.
Subscribe via Email to posts
Market Profile Glossary
Blog Archive
-
▼
2010
(392)
-
▼
July
(34)
- Vtrender Live
- Risk aversions / Safe Havens
- Estimates for 30th July.
- July Expiry-2
- Estimates for 29th July.
- July Expiry
- Estimates for 28th July
- EOD 27th July
- Estimates for 27th July
- Estimates for 26th July.
- Estimates for 23rd July.
- Estimates for 22nd July
- Profile chart
- Estimates for 20th July
- Estimates for 19th July
- Know the Flow !
- Estimates
- Estimates for 15th July
- EOD -14th July
- Estimates for 14th July
- Estimates for 13th July
- Estimates for 12th July
- Week-end charts
- Estimates for 9th July
- Estimates for 8th July
- EOD -7th July
- Estimates for 7th July
- Bank Nifty-6th July
- Estimates for 6th July
- Estimates for 5th July
- Week-end charts
- Estimates for 2nd July
- Profile charts
- Estimates for 1st July
-
▼
July
(34)
Search This Blog
Posts
Disclaimer
Shai or any member of the team at Vtrender may or may not hold positions in the aforementioned securities/ indices at the time of publication, although holdings can change at any time.
Under no circumstances does the information in this content represent a recommendation to buy or sell any security mentioned. All examples are provided for educational purposes only.
Past performance is not indicative of future results.
Prior to buying or selling , you should read and understand the Characteristics and Risks involved.
Futures, Stock and Options trading has large potential rewards, but also large potential risk. You must be aware of the risks and be willing to accept them in order to invest in the markets. Don't trade with money you can't afford to lose. This is neither a solicitation nor an offer to Buy/Sell. No representation is being made that any account will or is likely to achieve profits or losses similar to those discussed on this web site. The past performance of any trading system or methodology is not necessarily indicative of future results.
Under no circumstances does the information in this content represent a recommendation to buy or sell any security mentioned. All examples are provided for educational purposes only.
Past performance is not indicative of future results.
Prior to buying or selling , you should read and understand the Characteristics and Risks involved.
Futures, Stock and Options trading has large potential rewards, but also large potential risk. You must be aware of the risks and be willing to accept them in order to invest in the markets. Don't trade with money you can't afford to lose. This is neither a solicitation nor an offer to Buy/Sell. No representation is being made that any account will or is likely to achieve profits or losses similar to those discussed on this web site. The past performance of any trading system or methodology is not necessarily indicative of future results.
31 comments:
Good morning Shai...
Thanks for your care with us..
Dear Shai,
The Value areas are for to-day 5386-5383-5378. Pls check the VAH you have given. Is it correct?
Regards,
Veer
GM Shai,Viren & All of you Friends....
Ur friday mate...Thanks Shai..for ur dedication..Hats Off to you.
Enjoyed fierce fall in BPCL--LAST FRIDAY 705-->T1=665 achieved.
GM Shai.
I figured there may have been a problem and was patiently waiting for an update.
This blog has grown on me and I feel incomplete in my trading without your inputs.
Thank you again for all that you do.
Hi,
I quit my position of BPCL in loss two days ago. hard luck :) any ways it was a nice analysis!
Good Morning Shai!
GM Shai!
From OI land - there's not much to talk abt.
5400CE/5400PE - OI almost flat
5300CE - 1.5L calls covered
5300PE - 1.5L puts added
5200PE - almost 2L puts covered
And the award goes to...
5100PE - 10L puts added
So many puts suddenly added at 5100 - need to watch for 5355.
No problem Guggu....2 days back it was the last bull trap.Anyways last friday I instructed that SL was on EOD basis as it was a positional call...coz positional call takes little time to take place...Anyways I also just watched happening as I don't trade in F&O.
Regards
Dear Veer
devloping Values area for to-day is 5386-5383-5378 is correct. yesterday VAH:5405 POC: 5392 and VAL : 5378
At 11.37 values is VAH 5382 POC: 5378 and VAL: 5374
Guggu...more opportunities will come.Shai & Viren is there to guide us....just follow them at the same time learn from them.I'm also a student of Shai/Viren & Ilango.
Yes Amirishli, I am with you
Thank you Pawan
Regards,
Veer
http://stock2gains.blogspot.com/2010/07/stop-reverse-tulip.html
Hello friends
New post
please visit & review
thanks
regards
GA All.
5371-5399 as the day range, signifies the "hold" which shai talked about this morning.
Another neutral day.
The Other time frame is on the sidelines-waiting and watching.
Viren,
This seems to be no-where market the whole day. At most one could have played for 10 points on either side ...
Someone looking for trend would be lost.
Yes Girish,
Two neutral days in a row, means that there is an explosive move coming up.
If it does not come in the next 50 mins ( highly unlikely) we may have a trend day on Monday.
Two days back I had written that I expected volatility to increase.
The behavior of the market has been anything but volatile.
Generally near market tops, such as the one we are near to in the Nifty, a drop in the volatile nature of the market can only mean that there are new highs up ahead.
It's never quite near the top!.
Dear Viren
"Generally near market tops, such as the one we are near to in the Nifty, a drop in the volatile nature of the market can only mean that there are new highs up ahead.
It's never quite near the top!. "
Very Good observation sir.
Pawan,
...But let the market guide us.
As Shai says we have our levels--
The tell will be an auction above 5411.
Buy with both hands above 5411 on Monday.
Viren,
Awesome explanation - I do remember your comment from a week back.
"Buy with both hands" Thanks a lot sir for your guidence.
Girish,
Which One?
( the volatility one was 2 days back, I think?)
That seller from 5387 a few days back has moved back to 5402-5408.
He is weak as he has not been able to push prices below 5355.
Once he is taken out ( Or in Shai's words 'Erased') prices above 5411 will scream higher.
See you all.
Have a rocking weekend !!
Bye Viren & Shai! Have a great weekend.
See you all....next week.
EOD finding...but again a short call.
Short EDUCOMP @ opening price on monday morning as after a big move a doji on daily chart.
In Shai's language...there is a seller sitting at 635 spot.
Take small profit at home may be at 605-->592 spot price.SL=640 spot.
Shai,Viren,
1083 on ES was not defended at all! It looked like market was on borrowed time and what better day to fall than Expiry day.
In case you are making a weekend post on Nifty/Banknifty, please post your views on ES too.
There was a blogpost chart where I saw with HUGE volume selling on ES. Her's the link - http://3.bp.blogspot.com/_TwUS3GyHKsQ/TECEB8NZUdI/AAAAAAAAGYo/OBvUTV5dfg4/s1600/2010-07-16-TOS_CHARTS.png
PS: I call our market as sucker market - because we rise when global markets rise but don't fall much when S&P500 sells off. May be this is going to change?
Girish,
Yes it was Odd, our markets making new highs whereas everybody else now here close to 2010 highs.
------
New post.
---------------
Post a Comment