MarketProfile charts dated 29th May 2018
MarketProfile charts dated 29th May 2018
Evening MarketProfile report dated 28th May
For the second straight session, we opened just near the highs of the previous session and probed higher immediately at the open catching late shorts of Friday off guard in the first 30 minutes of trade. We got another P profile with value higher on the day. 10620 is the reference level for the rest of […]
MarketProfile charts dated 28th May 2018
MarketProfile charts dated 28th May 2018
Weekly outlook for week dated 28th May to 1st June
In the week gone by the auction pulled lower quickly from Friday’s lower profile and down to the vwap of April series at 10417 where responsive buying was seen again. The April series was a Trend up profile and the fact that the vwap was defended almost to the tick shows that Buyers are around […]
Evening MarketProfile report dated 25th May
The spike seen at the close of the session on Thursday in the Nifty and the BankNifty was accepted early at the open and the market stayed above 10550 from the Open forcing short covering and a P shaped profile in the Nifty and the bankNifty. A P shaped profile is a real-time assessment that the […]
Evening MarketProfile Report dated 24th May
The Nifty bounced higher from yesterday’s lows and closed as an inside day within the range of yesterday. It was ably assisted by the BankNifty which rose up smartly above 25760 to do 200 points in the last 30 mins of trade on settlement day calculations. To reassess the swing move for the days ahead, […]
OrderFlow charts dated 24th May
OrderFlow charts dated 24th May
MarketProfile charts dated 24th May 2018
MarketProfile charts dated 24th May 2018
Evening MarketProfile report dated 23rd May
The anticipation built yesterday near the close (which was in the upper quadrant of a Normal day) of a move higher to 10585/90 for a test was quickly snuffed out by a lower open which stayed below 10520 putting pressure on late longs of Tuesday and Wednesday. The long liquidation which followed the break of the […]
MarketProfile charts dated 23rd May 2018
MarketProfile charts dated 23rd May 2018