Market profile Trading strategies – Open Outside Ranges

If you have been trading derivatives especially the shorter format, then have you ever been in a position when the market has opened up as a gap up and you were in a short position? Or the market has gapped down and you were long? What do you do then? In the first minute of the Open do you panic and rush and close the position? Let’s say you are a bit more mature in the trading sphere, but the vast majority will still go and close the position within the first five minutes right? An open which has exceeded the previous…

Read More

Evening MarketProfile report dated 26th July

On settlement day the auction opened up and on the move down met responsive buyers who closed the series at the highs. Unlike last series which closed at the lows, this was a series dominated by the Buyers and closed near the highest point. A weekly outlook was updated on Saturday at –https://vtrender.com/weekly-outlook-for-the-week-dated-23rd-july-to-27th-july/ It is the same MarketProfile view working for a 1- 5 day period on the Nifty and the BankNifty spot without worrying about the movement of the premium which is a sticky issue now. Nifty Aug F:     The NF Open was an Open auction The day type…

Read More

Evening MarketProfile report dated 25th July

Wednesday’s auction was well balanced and gaussian mostly dominated by locals and had we not seen rollovers in the settlement week , could have also been a low volume affair. Probability is high for a trending move away and the value areas should answer the right questions tomorrow. A weekly outlook was updated on Saturday at –https://vtrender.com/weekly-outlook-for-the-week-dated-23rd-july-to-27th-july/ It is the same MarketProfile view working for a 1- 5 day period on the Nifty and the BankNifty spot without worrying about the movement of the premium which is a sticky issue now. Nifty July F:     The NF Open was an Open auction…

Read More

Evening MarketProfile report dated 24th July

The auction on Tuesday pushed higher above the close of Monday at the Open . However midway through the session, we saw a string of rollover trades happening in both the Nifty and the Banknifty. The path of least resistance continues to be upwards. A weekly outlook was updated on Saturday at –https://vtrender.com/weekly-outlook-for-the-week-dated-23rd-july-to-27th-july/ It is the same MarketProfile view working for a 1- 5 day period on the Nifty and the BankNifty spot without worrying about the movement of the premium which is a sticky issue now. Nifty July F:     The NF Open was an Open auction The day type was…

Read More

Chat With us