INTRADAY

Was about to post this chart below at 5395 levels.still check it out

Update: It cuts above zero line of macd and makes a new day 's high.my ,my!!!

INTRADAY

SUPPORT AND RESISTANCE

THIS IS A 5D VOL. PROFILE CHART FOR SHORT TERM TRADING.

FUTURE SHOCK -1 !!!

CONTD---------FUTURE SHOCK !!!





E. NEGATIVE DIVERGENCE

IN HOURLY CHARTS

IN DAILY CHARTS
(-VE DIVERGENCE WITH RISING WEDGE PATTERN & O/B INDICATORS)

IN WEEKLY CHARTS
NEGATIVE DIVERGENCE WITH CHANNEL TOP RESISTANCE &O/B INDICATORS)

TAKE SOME PROFITS

30MIN AND HRLY INDICATORS ARE GETTING HEATED ,BOOK SOME PROFITS WITH AN EYE ON THEM,LIKELY TARGETS 5478-85 NS& ABOVE

RAGING BULLS

MARKETS WILL DO THINGS LEAST EXPECTED SO AS TO CAUSE MAXIMUM PAIN      

                

THE RANGE WAS RESOLVED TODAY AND ACTED AS A BEAR  TRAP                                                                                 

5385 WILL BE THE IMP. LEVEL TO WATCH

OPEN  INTEREST ANALYSIS STILL SHOWS UPSIDE CAP AT 5500                                       

WHERE ARE WE GOING???

ANALYZING THE OPEN INTEREST IS HELPFUL IN RANGE BOUND MARKETS TO SEE WHERE THE SMART MONEY IS MOVING.THE ABOVE TABLE GIVES FOLLOWING OBSERVATIONS:

1.TODAY 5500CE HAS ADDED MAX. O.I. & THIS IS ALSO THE STRIKE WITH MAX. O.I.

2. 5300 PE O.I HAS REDUCED TODAY.

3. 5400 PE & CE BOTH HAVE ADDED O.I. TODAY

4.PUT/CALL RATIO HAS COME DOWN FROM 1.34 TO 0.96 IN THIS RANGEBOUND MKT.

CONCLUSIONS:

1.RANGE REMAINS 5500-5300

2.NIFTY MAY NOT TOUCH 5500 DURING THIS SERIES.

3.REDUCTION OF 5300 PE O.I. AND PUT/CALL RATIO BELOW 1.0 ARE BEARISH SIGNS

4.5400 PE & CE O.I. CHANGE IS TO BE WATCHED FOR NEXT TWO DAYS TO DETERMINE A SHIFT IN MAX. PAIN AREA.


PLAN YOUR STRATEGY ACCORDINGLY,THERE IS MONEY TO BE MADE BY PLAYING IN OPTIONS.

 THE TUG OF WAR CONTINUES-----------

READ ALL ABOUT 'THE TUG OF WAR'

INDICATORS MOVING TO O/B IN 5/15/30MIN

TOMORROW NEVER DIES

BE PATIENT ,BECAUSE "TOMORROW NEVER DIES"

HOPEFULLY THE TUG OF WAR RESOLVES TOMORROW

CATCH THE "TUG OF WAR"

THE VOLUME PROFILE SEEMS TO HAVE RESOLVED THE RANGE

TOMORROW'S OPENING MAY GIVE GOOD REWARDS

SLEEP WELL BUDDY! ! TOMORROW WILL BE A BUSY DAY FOR U

CHECK THE POSITIONAL ANALYSIS

IT'S THE TUG OF WAR

1.THREE DAYS OF RANGE BOUND TRADING.TRADE THE BREAKOUT TO COME

2.CHECKOUT THE VOLUMES IN THE ABOVE RANGE.BE PREPARED EARLY

3.TODAY'S TRADING ENDS WITH SOME POSITIVE DIVERSION

 I KNOW THEY DIDN'T TREAT U WELL TODAY.GET WELL SOON BUDDY !!!

CHECK OUT FOR POSITIONAL ANALYSIS