Trading with Volume Spread Analysis (VSA)

[chaitanyagoa]

As our conversation goes on... the bulls are fighting the bears, the market makers and Obama.........:clap::rofl:

 

[chaitanyagoa]

Did i Just say that .... I take back my words

 

[bunny]

NIFTY spot at 4813 or - 54. Signs of professional buying / absorbtion.

 

[bunny]

NF Feb 1 min chart. We just tested the 4811-12 levels. Some 5 minutes back, when we were at the same area, the volume was high, supportive. Now volume is low, indicating drying up of supply at NF feb 4812.

 

[rajputz]

i have gone bearish at 4826 with sl 4831

 

[bunny]

Dude!!!

I totally agree with u on the text book note.... But u see one thing during this phase it is the FII's who is selling..... and the DII's are buying ....

The good thing with DII's is that they can hold their stocks forever because of the huge money they have.... We don't.... I am a BULL by heart adn just don't blindly assume that the market is Bullish .. there is enuf weakness in the market and believe me, whatever the textbooks say ppl like u and me wont be able to stand it once it unleashes on the downside.... So i would say keep the SL's in place Get the hell out of it.............

I agree in the Ben issue that if he is re-instated the markets could get a kick start.... but that is no guarantee!!!!

ANyways happy trading!!!!

They will never sell into down-days because they will will not get a good price. They will always sell into up-days when it is comparatively easy to find buying orders.

 

[rajputz]

They will never sell into down-days because they will will not get a good price. They will always sell into up-days when it is comparatively easy to find buying orders.

I Totally agree

 

[nimish_rulz]

I Totally agree

They might sell in cash and buy futures. But you guys are saying that the data we get on NSE website is fake? Right? If that is the case do you agree that the data we get on our charting software is correct? Man I agree that there is accumulation coming at lower levels buy only by Mutual Funds. The sell can mean shorting too they might be holding on their longs. Please don't ignore the data we have been saying that accumulation is going on since 5200 levels now nifty is 4800. 400 points of shake out is massive they also have to take into account the risks.

 

[rajputz]

They might sell in cash and buy futures. But you guys are saying that the data we get on NSE website is fake? Right? If that is the case do you agree that the data we get on our charting software is correct? Man I agree that there is accumulation coming at lower levels buy only by Mutual Funds. The sell can mean shorting too they might be holding on their longs. Please don't ignore the data we have been saying that accumulation is going on since 5200 levels now nifty is 4800. 400 points of shake out is massive they also have to take into account the risks.

Try to watch and understand the accumulation and distribution process in real world....they average their price as they go on.....and finally hold to it....

accumulation is done by market makers when they want to purchase shares...they have heavy apital to do so...in order the market works fair they also need to play by the rules of demand supply....

a typical example of accumulation wll be, a market maker sells his 10 lac worth of shares and bring the price down....market being working the herd way starts selling their own shares...at the next bottom he purchases the shares worth 1 crore....and the same process goes on...their are syndicates sitting and buying among themselves just to create a shake out and mark pries lower. they loose nothing but average their prices at lower levels...

simmilar happens when they have to sell their shares...they will buy 10 lac worth of shares at higher level and sell at top a crore worth of shares......


they average the price as they have large money flow with them

 

[rajputz]

Exitted at 4808....bought again at 4810 sl 4804