- Not expecting any 'V' shaped recovery till expiry.
- Looks more like a short covering rally with low volumes at bottom emphasized by
Nifty & Options open interest analysis.
- FII sold net 450 cr +
- Will look at long side scenario only on close above 6100 level.
- Posting a chart showing a simple method to trade tomorrow. Further keep in mind the resistance zone of 6050-75.
- Expect a volatile trading day ahead and be cautious in the second half of the session.
4 comments:
RV
perfectly said.
thank you very much for your reply.
where can i see intra day chart with volume?
RV, so the profile now stands down at lower range than yesterday.
Today is weekend,
FII catalyzing negative move.
More volatility.
Thanks for your inference.
raju,
u can find the intra day volume profile charts at the site volumedigger ,the link of which has been given at the bottom of the blog.
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