Nifty 500 Tick Charts Nifty futures is in strong sell mode since 3rd April and currently the resistance zone is coming near 5593.2. Reverse your position to positional buy if the resistance zone breaks on the 500Tick Charts. Nifty Futures Daily Profile Charts From the Profile Charts Value Area High (VAH) – 5592 and […]
Nifty 500 Tick Charts is in sell mode since 3rd APR 2013, Currently the Resistance zone is coming near 5614. Go long in Nifty only if the Resistance zone breaks on the upper side on the upperside. On the Daily Profile Charts the Value are high (VAL) is at 5655, Value Area Low is (VAL) at 5610 and Point of Control (POC)at 5640
Nifty April futures 500 Tick Charts turns to positional buy mode on 28th March 2013. Trailing Stoploss zone come near 5700 and CMP : 5714.The monthly Market Profile on Nifty spot charts shows that the POC zone are developed near 5612 and 5677 respectively
Introducing a new style of trading with Tick Data based Charts for positional trading. I generally prefer 500tick Charts for executing positional strategies.
Day trading charts can be based upon several different criteria, with the most popular being time, ticks (number of trades), volume (number of contracts), and price range. All four types of charts use the same market information (price, volume, etc.), but they display the information slightly differently.