Weekly outlook for the week dated 30th April to 4th May.
Settlement of April series was done at the highest point in a spike which came late afternoon and ensured a close at the highs. A follow up above the spike highs on Friday ensured that the Bulls retained full control over the week yet again. The April series closed with a vwap of 10420 in […]
Evening MarketProfile report dated 27th April 2018
We auctioned above the spike highs early at the open in an Open test drive which converted to a P shaped Profile at the close. Quite clearly the late sellers of yesterday were caught off guard and the Nifty and the BankNifty closed at session highs. A P shaped profile has a reference area around the […]
MarketProfile charts dated 27th April 2018
MarketProfile charts dated 27th April 2018
Evening MarketProfile Report dated 26th April
Settlement of April series was done at the highest point in a spike which came later afternoon and ensured a close at the highs. Spike rules would apply immediately at the open for the intra day context and the idea would be to see if buyers respond if prices probe to 10603 May F again. […]
MarketProfile charts dated 26th April 2018
MarketProfile charts dated 26th April 2018
Evening MarketProfile report dated 25th April
Long liquidation set in the markets today and the Nifty retraced to the Buy zone near 10520 – 10530 where we had seen Buyers respond previously. However, there is weariness at the higher levels and settlement day tomorrow is most likely to be an inside day within the range of 10520- 10620 established today. Beyond that […]
Evening MarketProfile Report dated 24th April
We saw one more time today, what we have been witness to all of the series of April. A move lower was quickly bottled up by Buyers as the responsive activity once again flustered bears and the Nifty closed near session highs. With 2 days left for settlement what is visible clearly is the seller […]
Evening MarketProfile report dated 23rd April
An auction which rose higher and hit 10623 was met with responsive selling and gave up most of the gains by the close. Our stated objective of the move was for the auction to do 10727 F by this settlement but the resistance building up, has forced us to clear our long positions near 10610F […]
Trading Room charts dated 23rd April 2018
Trading Room charts dated 23rd April 2018
MarketProfile charts dated 23rd April 2018
MarketProfile charts dated 23rd April 2018