Profile charts for 9th sept

The Prime Levels for tomorrow are possible areas of demand and supply and the same are uploaded in an excel sheet here.

Broader Market of Thursday  : A normal variation day with a range extension above IB High

Bank Nifty :

Nifty Mp Profile Charts For 9Th Sept

Back Ground : – Dominant seller at 10525./

Chart speak :

1) BN chose to build a profile in the previous ” fast movement” zone.
2) 10025 remains a target for the BN.

Nifty :

Nifty Mp181 Profile Charts For 9Th Sept

Background :

– Huge gap between 5325 and 5233 which is a single print seller.

Chartspeak :

1) auction reached a high of 5174 today
2) the 2 day sideways base built, now projects a target of 5235.