Evening Report dated 13th Dec 17

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The markets whipsawed today. They opened below yesterday lows and went up and tested the highs of the auction range of yesterday. But what looked like a Double distribution in the making flipped around in the afternoon session and sellers came back aggressively to close the market at the lows in a Neutral Extreme. 

Evening Report dated 11th Dec 17

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We got a third straight day of value higher in the Nifty and the BankNifty today. There was some responsive selling seen earlier in the morning which pushed a move below vwap and a range extension lower indicating seller interest again in the auction. But that was snuffed out later in the session to make […]

Evening Report dated 08th Dec 17

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The No demand seen in the Trend Day of Thursday profile and which had aggressive sellers into the rise was followed up by a P shaped Profile indicative of a short covering run as sellers selling into the strength of Thursday were forced to cover their positions straight off the open. So we have a […]

Evening Report dated 07th Dec 17

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The auction of today early at the open followed up on the buying seen yesterday but we saw a big divergence set up on the moves higher especially at 10125 and 10161 and at the close near 10210. The selling into the close near 10210 confirmed that sellers were still interested in the auction and the […]

Evening Report dated 06th Dec 17

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The auction at the open today was an anti-climax to the move seen late yesterday but noticeable immediately was the lack of demand in the Micro balance of 10100- 10125 F. Unlike yesterday where we saw a lot of buying in this balance resulting in the upmove later in the day, the open of today in the same MB […]

Evening Report dated 30th Nov 17

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On settlement day the Nifty November Futures broke below the pivot of 10330 F and trended 100 points lower to close near 10226F. The series of November concluded with a vwap at 10330 spot and the highest volumes in the series were traded at 10440 spot. In the BankNifty vwap of the Nov series was […]

Evening Report dated 29th Nov 17

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The NF opened within the profile of the previous session but there was visible selling pressure mounting through the day. The sellers managed to have a close at the day lows and the Failed Auction point of 10352 today. However, there was a pickup in demand at the close and should point to higher levels […]

Evening Report dated 28th Nov 17

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The NF has been meeting a lack of demand on probes to 10425 since past few sessions and today we got a repeat of the same as a budding upmove was snuffed out midafternoon to leave another FA at 10428 and the NF in between the 10428- 10352 range.  The BNF auctioned well within the […]

Evening Report dated 27th Nov 17

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The NF Gapped down at the Open this morning and auctioned well within the composite of last week. The structure was hinting at a move down and a rejection of Friday’s higher value and prices, but OrderFlow was pointing to aggressive buyers entering the auction at every dip and these buyers eventually prevailed at the […]