Thursday, November 18, 2010

EOD Notes

- I am not convinced about the pullback today.

- 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.


Sriganeshh said...


perfectly said.

raju said...

thank you very much for your reply.
where can i see intra day chart with volume?

mo k said...

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.

AAR VEE said...


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.