Evening MarketProfile Report dated 17th April 2018

Coming into the session, we knew of Buyers in the 10490- 10500 F zone who would support any move lower. The Plan played out perfectly and the dip of 50 points was bought into and the Nifty closes near the highs of the session in the upper quadrant. We are watching the volume action around 10555-10580 and the Nifty can attempt that 10599 F region tomorrow.  From a larger swing view for the series closing next Thursday, bulls are very nicely placed to take this to 10728 F by next Thursday. We are at 10550 F with the value placed…

Read More

Participantwise OI – 16th APR 2018

FIIs added net 1K short Index CE, net 4K long Index PE and net 1K short Stocks Futures contracts besides being net sellers in equity segment for ₹308 crore Traded volumes were below average in Nifty as well as Banknifty APR Futures, there was small Open Interest addition of 3074 contracts in Nifty APR and 1677 contracts in Banknifty APR

Read More

Evening MarketProfile report dated 16th April 2018

Coming into the session, we were aware that the Nifty was Neutral with a responsive seller at 10525 and responsive buying at 10460. The lower open of the Nifty on Monday was an Open Rejection reverse or an ORR type of Market Profile open. It was a lot more slower than other opens of these types and hence the auction was stagnant for a while floating around 10470. But once the extension was done the Nifty closed at it’s highest point. The 10470 zone and 10496 buy zone is the immediate support for the auction now. On the higher side,…

Read More

Vtrender Live Workshop

May 12th at Novotel
Juhu 10.30 am to 5.30 pm.

Click Here

Chat With us