Evening Report dated 18th Jan ’18

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The markets on Thursday gapped up at the open on news flow but by the close had given up the gains and closed just above yesterday’s close following a test of the 2-day composite highs. The BankNifty which gapped up as well followed the 3IB setup and by the close had pulled back per the […]

Evening Report dated 17th Jan ’18

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The markets on Wednesday saw a sharper responsive buying right at the open dip which was over in the first 20 minutes of the session. The sharp buying which emerged formed a tail on the profile charts and a one time frame up move in an Open Rejection Reverse Pattern. From a Market Profile point […]

Evening Report dated 16th Jan ’18

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The markets on Tuesday attempted a move lower to check for Buying interest and they did find a lot of responsive buying. It does look like the Nifty would stay in the 10700- 10790 range for most of this week but even if it manages a streakish move to 10625 POC of last week, it […]