tradeprosm

tradeprosm

NF on last Thursday made a higher close with some poor references left behind. Bias was that if it opens in range then odds of repairing those zones and then bounce towards higher prices. If open outside range then these poor zones could wait. NF next session open higher with a gap and gap held till closing. Higher value closing with narrow range and lower volumes...

tradeprosm

SBIN > Weekly OTF UP with latest DD Week Profile Closing of the week near DVAH but daily closing not good for bulls and can expect a pullback This pullback can test the Weekly LVN zones marked on the weekly chart which could be a potential opportunity to look for longs

tradeprosm

NF 3rd day of OTF up on daily charts. Last 2 days we had a composite P shape profile with VPOC skew. Bulls needed a gap or drive with this VPOC to stay higher. Today they got that gap up open to stay higher above PDH. It was an early short covering profile in making. When such short covering ( P profile ) breaks VWAP its time for liquidation. This happened in NF...