Volume Spread Analysis

murthymsr

Well-Known Member
Reviving the thread after a long time... :D

EOD Observation for the 11th May
/QUOTE]

Dear Karthik,

Nice to see your posts again.

Hope all is well.

Regards.
 
Thanks karthikmara,

May you help me send 2 code Volume VSA (in below for Amibroker) for me? :clap:

email: [email protected]


Have you a good day




Reviving the thread after a long time... :D

EOD Observation for the 11th May…

As anticipated yesterday’s move did not bring in any strength to the market.. Today the weakness was very evident ..though .. the TIPS channels dubbed it as profit booking…

The base of the descending triangle proved to a good supply zone.. The 5200 levels would prove a tough nut to crack in the near future.. The momentum is also waning. So in the near future we can expect at the best some side ways moves if not south.. As of now I am exiting my medium term positions though the peak drawdown is much more than I would like :(


 
Minifty-I has got weakness in the background as shown in the shaded area. last couple of days it had wide spread down bars with high volume that mean heavy selling. it is expected to go down further. scrip is looking weak from VSA point of view.

others are requested to pin point the mistake in my judgement.

regards,

raju
 
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Sunny1

Well-Known Member
Dear nick721156 , There no body to correct you .....No active vsa traders here as of now

plz do continue with your vsa interpretation ...we wud like to see your VSA practice ..

Sunny...
 

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