Evening MarketProfile report dated 10th Sept
The OrderFlow at the close of the session on Friday hinted at responsive selling coming back into the index. We had mentioned about the same in Friday’s report– https://vtrender.com/evening-marketprofile-report-dated-07th-sept/. Today’s Open saw initiative sellers who quickly dropped the index below Friday’s 2 support levels of 11580 and 11550. Once 11550 was not taken back on the […]
MarketProfile charts dated 10th Sept
MarketProfile charts dated 10th Sept MarketProfile charts of the Nifty and the BankNifty Sept Futures updated to trade date 10th Sept A “market profile” presents a number of basic elements from the market in an easily understood graphic format , when analyzed properly. A trader must first learn to understand how the market works. This […]
Weekly outlook for the week dated 10th Sept to 14th Sept
Last week’s sharp downtrend in the Nifty and especially the banknifty caught many traders including us off guard. The Nifty worked a range of an extremely high 338 points which is twice the average it does on a weekly. The BN worked a range of 1060 points. The vix hit a high of 14 but […]
Evening MarketProfile report dated 07th Sept
The dual auction which has been aggressively dominated by bears this last week continued on Friday but for a change, after the first 30 minutes of the session, the sellers stayed away and the Buyers dominated the auction on Friday to close at the highest point. The auction tested the Failed auction zone at 11650F […]
Evening MarketProfile report dated 06th Sept
For the drop in the Nifty from 11775F, we have been calling for a balance and we saw the first evidence of it today. But the day was not a quiet balance but highly volatile and in a big range where we saw yesterday’s big buyer at 11470 being tested again. We mentioned that he […]
OrderFlow charts dated 06th Sept
OrderFlow charts dated 06th Sept OrderFlow charts – 30 min duration of the Nifty and the BankNifty Sept Futures showing the Buy side and the sell side imbalances Trading order flow allows a trader to see the specific price where a trade has hit the market, along with the volume of that trade. This […]
MarketProfile charts dated 06th Sept
MarketProfile charts dated 06th Sept MarketProfile charts of the Nifty and the BankNifty Sept Futures updated to trade date 06th Sept A “market profile” presents a number of basic elements from the market in an easily understood graphic format , when analyzed properly. A trader must first learn to understand how the market works. This […]
Evening MarketProfile report dated 05th Sept
The Nifty was neutral extreme at the close yesterday. This morning opened in range but once IB was done found acceptance and value below the neutral extreme of yesterday which was an indication it itself that the bias had moved to a short. In the afternoon session we saw a Large Lot trader at 11470 who attempted […]
Evening MarketProfile report dated 04th Sept
The NF opened in the spike of yesterday’s auction, the BNF much lower. The lower open forced long liquidation in the BNF which dropped a further 488 points on the day. The Nifty was a neutral extreme at the close with the POC of August series at 11488 close to the lows and a support for […]
Evening MarketProfile report dated 03rd Sept
An open auction within the range of Friday’s profile saw a sudden spike down at the close and a test of demand at the VPOC from 24/08. It started with the initiative selling at 11735 and picked as the Nifty broke 11690, a level most participants had expected to hold. There is a trapped buyer near 11690 […]