Evening MarketProfile report dated 18th July

The Nifty and the banknifty opened as an OAOR for over 2 hours at the edge of yesterday’s profile and last week highs. It did not find willing buyers and sloped back into the mini balance again targeting Monday lows. Near the lows in the Nifty, we saw supply diminishing but the Banks showed a […]

Evening MarketProfile report dated 17th July

The Nifty and the Banknifty put in an OTD which ensured that the auction of Monday was completely reversed and the close at the higher end. With a down move on Monday and an upmove on Tuesday, we look to be headed to the formation of a new balance in the zone. PLR ( path of least […]

Weekly outlook for the week dated 16th July to 20th July

In the week gone by the Nifty and the BankNifty made decisive moves above the June composite profiles and the supply which was so dominant at 10820- 10840 zones. We have already seen an Open Drive UP at the start of the series and an Open Rejection Reverse at the start of the week which pointed to […]

Evening MarketProfile report dated 13th July

The Nifty and the Banknifty put in an OAIR which was only the second one of the week gone by and similar to what we got on Wednesday we had again an Inside day in both the NF and the BNF.

Evening MarketProfile report dated 12th July

A gap up forced short covering and a P shaped profile emerged later in the day as bears tried to push back in the second half of the session. Along with the 10920 of yesterday, the bulls have managed another strong support at 11000 today along with the 10966 zone from yesterday which should keep […]

Evening MarketProfile report dated 11th July

The one-time frame up seen since the start of the new series of July showed signs of a pause today and value moved sidewards as responsive sellers appeared at the highs. However, bulls managed to hold the critical 10920 level well and that along with the 10897 will keep the buyer interested as we move […]

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