Monday, January 9, 2012

Alarming—Volume Chart of Nifty Future


Nifty chart with volume:-

  • Huge volume is seen in one minute Nifty Future chart.
  • Volume of  524100 is seen at 10.30AM where price is 4718
  • Before that in 5 mins 9 Lakh+ volume is seen at day’s low of 4705 from where is has taken support till posting of this article.
  • As Nifty is having strong support at 4675 but this volume is alarming me to expect the unexpected.

Lets see how prices move from here. Will they go Downside or Upside???

Will update when needed.

Nifty With Volume 9-1-12

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For Further Reading,
Demand and Supply, Nifty Volume Trading System, Trading Systems and Setup

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