Friday, February 25, 2011

OrderFlow charts for today

Ahead of the budget speech on Monday, the market chose today to build volume between 5260 and 5340 which is a low volume zone from earlier this month.

What remains is the region between 5340 and 5376/91 much of which has already been addressed in yesterday morning's trade.

Here are the OrderFlow charts of today :

BankNifty :



Nifty :



Good analysis + Great Indicators = Successful trading.