Evening MarketProfile report dated 11th June
Monday was a gap up in the Nifty and the BankNifty and a slow probe up on reducing volumes for the rest of the Opening hour. However, volume turned sluggish midday and a probe by sellers in the last hour managed to erase most of the gains made during the day. The auction looks locked […]
MarketProfile charts dated 11th June 2018
MarketProfile charts dated 11th June 2018
Weekly outlook fo the week dated 11th June to 15th June ( spot prices)
The first 6 sessions of the new series of June have shown two way moves with sellers controlling the first 3 sessions of the series and buyers responding on the last 3. At a close of 10767 as of Friday which was just above the supply band of 10750 we have been tracking, we feel […]
Evening MarketProfile report dated 8th June
A gap down at the Open led to an Open auction but there was a strong responsive Buyer who showed at the close cutting off existing supply and ensuring that the markets closed near the highs. The VAH of the composite was well defended and the Nifty closed as a neutral day type. A weekly […]
MarketProfile charts dated 08th June 2018
MarketProfile charts dated 08th June 2018
Evening MarketProfile report dated 07th June
A steady upmove dominated by buyers in the first half of the session met an extremely strong responsive seller at 10807 around 1.20 in the lunch hour who flipped the auction around and the Nifty gave up most of it’s gains. The volume noticed at 10807 today was as big as the one we saw at […]
MarketProfile charts dated 07th June 2018
MarketProfile charts dated 07th June 2018
Evening MarketProfile Report dated 06th June
At the close of RBI day 2 things stood out from the Profile – 1) we remained within the 9 day composite balance of 10750- 10550 and having defended 10550 and the auction not finding willing new business there it seems to have made up it’s mind to test the supply around 10730- 10750 F […]
MarketProfile charts dated 06th June 2018
MarketProfile charts dated 06th June 2018
Evening MarketProfile Report dated 05th June
Day 8 was spent today in the Mini composite Nifty profile of 10550- 10750 and it was a neutral day where the Buyers and Sellers jostled for control. The early auction was dominated by sellers at the open but responsive buying was seen on the probe lower to 10550. The sellers of yesterday were also […]