SEBI decision on extended Market hours

Yesterday after the markets closed, SEBI put out a statement through a circular announcing that trading hours would be extended upto 11.55 pm effective October 01, 2018.   You can read that statement at – https://www.sebi.gov.in/legal/circulars/may-2018/trading-hours-on-stock-exchanges_38849.html   The circular clears the hurdle in extending trading hours allowing derivative traders significant leeway to adjust positions in case […]

Evening MarketProfile report dated 04th May

The nifty dipped today below the lows of Thursday’s profile but for the second straight day we saw responsive buying coming at the lows. Supply is clearly missing on the probes lower which would point to the Nifty retracing and checking for intent first at 10715 and later at 10765. The Banknifty was an inside day […]