Weekly Outlook for week dated 14th May to 18th May ( spot prices)

Last week I anticipated a rise to 10767 F in the Nifty May F and responsive selling to emerge from there on the retest. You can do a quick read through of last week’s post based on MarketProfile at – https://vtrender.com/weekly-outlook-for-the-week-dated-7th-may-to-11th-may/     From a low 10645 F on Monday the Nifty rose to 10766 on Tuesday where […]

Evening MarketProfile report dated 11th May

The auction of Friday was a Normal variation day which took out the supply at 10767-10780 and closed in a spike at 10825. Spike rules apply at the  Open on Monday. The 10767- 10780 zone could serve as a support on dips. The second level of support is near 10700.     The short-term weekly […]