NIfty futures VSA analysis :
- candles 1, 3 and 5 are bearish candles with higher
volumes
- everytime a bearish candle formed, it was
countered by a bullish engulfing candle within
one session
- when 5 formed, response from buyers was very
weak, small narrow range candles with very
low volumes, this gives the opportunity for
aggressive sellers to drive prices lower
- candle 7 is not entirely bullish, despite the
higher volumes, when compared the range with
previous candle, it is much narrower, suggesting
selling has taken place
- candles 1, 3 and 5 are bearish candles with higher
volumes
- everytime a bearish candle formed, it was
countered by a bullish engulfing candle within
one session
- when 5 formed, response from buyers was very
weak, small narrow range candles with very
low volumes, this gives the opportunity for
aggressive sellers to drive prices lower
- candle 7 is not entirely bullish, despite the
higher volumes, when compared the range with
previous candle, it is much narrower, suggesting
selling has taken place
