Weekly hypos for the week dated 16th April to 20th April

The week gone by was a quiet and uneventful week in the markets as the Nifty and most of the global markets turned in the lowest weekly range since February. Traders in our markets have been obsessing with a look west policy as volatile moves in the US markets over the past 2 months have […]

Evening MarketProfile Report dated 12th April 2018

Wednesday’s auction was a telling one as the Nifty dove to 10360 which was an opportunity for the seller to exert control. However, we saw responsive buying in that auction and we mentioned yesterday how the Seller had surrendered his advantage easily. In today’s tape the Buyers seized control right at the open and drove […]

Evening Report dated 11th April 2018

The Nifty drive lower at the open today in an Open test Drive but the seller could not capitalize his advantage gained through the Open and surrendered the advantage to the Buyer who sung it once more to session highs at 10240. The BankNifty hit the objective at 24950 as discussed in yesterday’s posts. Heading into […]