Evening MarketProfile report dated 07th Aug
A quiet low volume low range auction in the Nifty and the Banknifty on Tuesday set up a Normal Variation in the Nifty and a Normal day in the BankNifty. The opportunity for a largish break away from balance is in the BankNifty tomorrow which is the index to watch closely from the Open. A weekly […]
Weekly outlook for the week dated 6th Aug to 10th Aug
The first week of the new series of August saw an auction going up the first two days, then down for the next 2 sessions and finally up on Friday. So it was clearly rotational behavior. Of particular importance to us was the move on Friday whose lows near 11294 spot can serve as […]
Evening MarketProfile report dated 03rd Aug
The Nifty out in an Open drive from the POC and the BankNifty put in an Open Test Drive from the POC of yesterday. These were the strongest indication of the Longer Time Frame being present in the auction and we had a trend up close at the highs. The biggest lesson you can learn […]
Evening MarketProfile report dated 02nd Aug
We opened below Wednesday lows and traded within the 3 day composite today in an auction which closed at the lows. The Nifty was a Normal Variation down and the BankNifty was a Normal day. A weekly outlook was updated on Saturday at –https://vtrender.com/weekly-outlook-for-the-week-dated-30th-july-to-03rd-aug/ It is the same MarketProfile view working for a 1- 5 […]
MarketProfile charts dated 02nd Aug
MarketProfile charts dated 02nd Aug MarketProfile charts of the Nifty and the BankNifty May Futures updated to trade date 02nd
Evening MarketProfile report dated 30th July
The Nifty put in a neutral day in the markets today. The Banknifty put in a Normal variation up. The neutral day in the Nifty announced the start of responsive sellers making progress in the auction which has been a one-time frame up from 19th July. In the 7th session today after the 19th of […]
Weekly outlook for the week dated 30th July to 03rd Aug
July settlement was done on Thursday with aa vwap of 10900 and a POC at 10960. The BankNifty closed the July series with a vwap of 26738 and POC of 26910. This is market generated information and allows us a glimpse of where the money and positions were created on a monthly scale and […]
Evening MarketProfile report dated 27th July
The first day of the new series of August saw an auction which was accepted well over the settlement volume point of July and gave a double distribution in the Nifty and a P shaped profile in the Banknifty. Bias continues to be up over 11155 Aug F which is the immediate support for a change in […]
MarketProfile charts dated 27th July
MarketProfile charts dated 27th July MarketProfile charts of the Nifty and the BankNifty May Futures updated to trade date 27th July
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 […]