Profile charts for Monday- 24th Oct

The market is clearly in the hands of intra day traders and I’m content to sit back and trade the few pieces during the day as one session shows lesser and lesser connectivity to the next.

A normal variation day with a failed upper auction in the Nifty futures could also be called a neutral day with the market going down into the close just to complete the 80 % rule trade.

Next week we have options expiration, a holiday shortened week and more news for Europe with a market very near to Bracket highs.

Bn Mp161 Profile Charts For Monday- 24Th Oct

Nifty Mp11 Profile Charts For Monday- 24Th Oct

In short no real edge, if you are thinking of carrying from one session to the next.