Evening MarketProfile report dated 25th June

The spike of Friday was retraced fully in the auction of the day and the Nifty closed at session lows giving up most of the gains of Friday. Day was inside and the Nifty closed well within the 20 day composite of the month. Even the BankNifty was an inside day with a stray tick at […]

MarketProfile charts dated 25th June

MarketProfile charts dated 25th June   MarketProfile charts dated 22nd June MarketProfile charts of the Nifty and the BankNifty May Futures updated to trade date 25th June

Weekly outlook for the week dated 25th June to 29th June

Last week we spoke of a bias around 10815-10825 spot based on the auction of the week prior. For 4 of the 5 sessions, the Nifty stayed below 10815 and only a spike on Friday took it above the zone for a close at the pivot point. The inability of sellers to force the market […]

Evening MarketProfile report dated 21st June

We had mentioned about the No demand was seen in yesterday’s profile and that the move showed active sellers selling the highs. The NF retraced the full move of Wednesday and the BNF also dropped down to yesterday’s microbalance. A weekly outlook was updated on Saturday at – https://vtrender.com/weekly-outlook-for-the-week-dated-18th-june-to-22nd-june/ It is the same MarketProfile view working […]

Evening MarketProfile report dated 20th June

The Nifty rose higher today and tested the breakdown zone where we noticed no new demand coming to support higher prices. The Banknifty met selling on the higher prices and could be the better short candidate for tomorrow’s settlement. A weekly outlook was updated on Saturday at – https://vtrender.com/weekly-outlook-for-the-week-dated-18th-june-to-22nd-june/ It is the same MarketProfile view working […]

Evening MarketProfile report dated 19th June

The Nifty and the BankNifty gapped lower today and below the support zone of 10770- 10790 held by responsive buyers. It was also a break away from the 6-day range the market has been trading in. Much depends on what kind of follow-up we get from this profile of today. The last time the Nifty […]