Friday, June 10, 2011

OrderFlow from Today

A quite day turned volatile into the close

Most of the session showed the complete absence of buyers in propping up a dull market and the market continued to drift lower before some aggressive shorting and covering late into the day, brought some excitement to the day's proceedings.

Here are the OrderFlow charts for Nifty :


Sellers were in control since morning as OF was red all through Shorts started covering at day PS3.

BankNifty :


OrderFlow shorts triggered at 10750. Shorts covered near day PS3.

ICICI :


Shorts again covered near day PS3.

2 comments:

Janak said...

US mkt. closed 1.5 % down!! When I say taiwan mkt tank big time - I thought that this might happen. So now we have a 1% gap down almost certain on Monday morning? 5430/10570?

Janak said...

*when i saw*