Weekly outlook for the week dated 03rd Sept to 07th Sept (spot prices)

The series of August which concluded on Friday was traded with a vwap of 11444 and highest volume during the series came at 11480. The Nifty trended up through the August series with buyers in total control of the auction and hence the vwap at 11444 will serve as an important pivot in the coming […]

Evening MarketProfile report dated 31st Aug

On the first day of the new series of September, the auction swept up higher at the open to test the highs of the week, where responsive selling emerged to push the index lower and back to the open price. Near the lows of 11690, a second round of responsive buying was seen similar to […]

Evening MarketProfile report dated 28th Aug

We got a Normal day in the markets today as balance returned to the auction especially in the Nifty after 2 sessions. The open rejection of the morning was met with sharp responsive buying/ short covering and once again the indices closed near their highest point. Into settlement week the theme remains short covering and all […]

Evening MarketProfile report dated 27th Aug

An Open drive changed the auction around and we go a break away from the 3-1-3 profile of last week with a close at the upper extreme. Settlement music is playing over 11650 call writers and even 11700 call writers who should fuel the next leg of this settlement move upwards. Destination objective of the […]

Weekly outlook for the week dated 27th to 31st August

We are already onto the settlement week and Options expiration Thursday is in 4 sessions.   The series of August so far has been traded with a vwap of 11396 ( spot) in the Nifty   August has been traded with a vwap of 27840(spot) in the BankNifty.   Incidentally, the BankNifty closed the week on […]

Evening MarketProfile report dated 24th Aug

The auction on Friday was again different in both the Nifty and the BankNifty. The Nifty opened as an open auction and tested the zone below 11550 where it did not again see new supply . It closed near the DPOC/ Vwap of day at 11570. Incidentally, 11570 was also the weekly POC. The BankNifty […]

Evening MarketProfile report dated 23rd Aug

The auction on thursday drove lower at the open and was noticeable at the end of C period that there was no new supply coming into the market. The BankNifty made new lows below C but it had more to do with the Thurs Opex than anything else. The path of least resistance remains upwards and the […]

Evening MarketProfile report dated 21st Aug

The auction on Tuesday was in the same zone as Monday’s upper-value area and indicated an acceptance of the higher prices in the auction. The path of least resistance continues to be upwards till sellers initiate a new auction lower on volumes. A weekly outlook was updated on Saturday at – https://vtrender.com/weekly-outlook-for-the-week-dated-20th-to-24th-aug/ It is the same MarketProfile view […]

Evening MarketProfile report dated 20th Aug

The auction on Monday in the Nifty opened higher than Friday’s profile and auctioned above the 2-week bracket the Nifty had been in. The close was in a P shaped profile at the highs. Support for the auction now has moved to 10500 with an objective set at 10653 and 10660 F A weekly outlook was […]