Evening Report dated 15th Feb ’18

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The Nifty visited the FA of yesterday but on the probe upwards met a whole lot of responsive sellers who managed to push the index down to day lows in the neutral center day. The BankNifty visited the POC of yesterday’s profile and went downwards. We have had two back to back neutral days in […]

Evening Report dated 12th Feb ’18

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The Nifty futures gapped yet again but this was a smaller gap up which filled quickly in the first hour and the Nifty moved higher from that point. We are seeing a sideways range develop in the Nifty and the BankNifty and most of the coming week should be spent in this range. To understand […]

Evening Report dated 09th Feb ’18

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The Nifty futures gapped down yet again from Thursday’s close and opened at the POC of the profile dated 6th Feb from where strong responsive buying emerged to push the Nifty higher into the close. However, the upmove above 10440 looked sluggish and the auction now is clearly balancing after the big down move stretching […]