Tuesday, December 14, 2010

Balanced again.

The markets came back into balance again today through some bell shaped profiles in the Nifty and the bank Nifty today.

The Nifty put in a normal variation day and we have reason to watch for continuation tomorrow.

The market can flow back to imbalance in a day or two and create a large vertical move out of this zone again.

Here's are today's volume profile charts :

Nifty :







Value areas :

5959-5954-5937 in the Nifty
11631-11600-11554 in Bank Nifty.

1 comments:

Vtrender said...

Values for tomorrow :

5959-5954-5937 in the Nifty
11631-11600-11554 in Bank Nifty.