Evening MarketProfile report dated 21st June

We had mentioned about the No demand was seen in yesterday’s profile and that the move showed active sellers selling the highs. The NF retraced the full move of Wednesday and the BNF also dropped down to yesterday’s microbalance. A weekly outlook was updated on Saturday at – https://vtrender.com/weekly-outlook-for-the-week-dated-18th-june-to-22nd-june/ It is the same MarketProfile view working […]

Evening MarketProfile report dated 20th June

The Nifty rose higher today and tested the breakdown zone where we noticed no new demand coming to support higher prices. The Banknifty met selling on the higher prices and could be the better short candidate for tomorrow’s settlement. A weekly outlook was updated on Saturday at – https://vtrender.com/weekly-outlook-for-the-week-dated-18th-june-to-22nd-june/ It is the same MarketProfile view working […]

Evening MarketProfile report dated 19th June

The Nifty and the BankNifty gapped lower today and below the support zone of 10770- 10790 held by responsive buyers. It was also a break away from the 6-day range the market has been trading in. Much depends on what kind of follow-up we get from this profile of today. The last time the Nifty […]

Evening MarketProfile report dated 18th June

A low volume low range day ensured a mini balance and a Normal distribution within the larger balance curve the market has been in. This is a market which is getting ready to move and we should be ready for a trending move next. A weekly outlook was updated on Saturday at – https://vtrender.com/weekly-outlook-for-the-week-dated-18th-june-to-22nd-june/ It is […]

Weekly outlook for the week dated 18th June to 22nd June

Last week in the Nifty was again a balanced rotational market with a positive bias early in the week as we had expected in the last weekly report. You can view that at- https://vtrender.com/weekly-outlook-fo-the-week-dated-11th-june-to-15th-june-spot-prices/   The weekly profiles which we want to look at today and trade out of for the week starting Monday are Gaussian […]

Evening MarketProfile report dated 14th June

The Nifty dropped lower today as the Buyers failed to defend 10820- 35 F at the open and 26550 in the BankNifty, the levels we had mentioned in yesterday’s posts. But down at the end of the first hour there was a visible absorption of supply and responsive buying emerged a while later and the […]

Evening MarketProfile report dated 13th June

The Nifty and the Banknifty had a very quiet auction at the edge of yesterday’s range. Volume was average and the expected expansion in range and volume did not materialize. It could be a sign of a market waiting to get some more info. For the moment the buyers keep their advantage as long as […]

Evening MarketProfile report dated 12th June

Most of the auction of Tuesday in the Nifty was a repeat of the auction of Monday including the volume drop from 10835. But what changed was the response from 10810F which ensured an auction close at near-term supply. From such a close, we shift focus to the A period where a drive on volume can change […]

Evening MarketProfile report dated 11th June

Monday was a gap up in the Nifty and the BankNifty and a slow probe up on reducing volumes for the rest of the Opening hour. However, volume turned sluggish midday and a probe by sellers in the last hour managed to erase most of the gains made during the day. The auction looks locked […]

Weekly outlook fo the week dated 11th June to 15th June ( spot prices)

The first 6 sessions of the new series of June have shown two way moves with sellers controlling the first 3 sessions of the series and buyers responding on the last 3. At a close of 10767 as of Friday which was just above the supply band of 10750 we have been tracking, we feel […]