Evening MarketProfile Report dated 24th April
We saw one more time today, what we have been witness to all of the series of April. A move lower was quickly bottled up by Buyers as the responsive activity once again flustered bears and the Nifty closed near session highs. With 2 days left for settlement what is visible clearly is the seller […]
MarketProfile charts dated 24th April 2018
MarketProfile charts dated 24th April 2018
Evening MarketProfile report dated 23rd April
An auction which rose higher and hit 10623 was met with responsive selling and gave up most of the gains by the close. Our stated objective of the move was for the auction to do 10727 F by this settlement but the resistance building up, has forced us to clear our long positions near 10610F […]
Trading Room charts dated 23rd April 2018
Trading Room charts dated 23rd April 2018
MarketProfile charts dated 23rd April 2018
MarketProfile charts dated 23rd April 2018
Weekly outlook for the week dated 23rd April to 27th April
Last week the Nifty progressed higher again in terms of value with a close at the highest point. It was the third straight week where value progressed higher after the inside week broke higher at the start of the new series of April ( refer chart below). There is a clear indication of Initiative buying […]
Evening MarketProfile report dated 20th April
A lower open on Friday was bought again by the Bulls as the Nifty closed in a spike at 10585 in the closing minutes. We have been witness to a strong responsive buyer operating in the 10520 F zone who is responding to any lower prices whereas an adamant seller seen at 10590F on any […]
MarketProfile charts dated 20th April 2018
MarketProfile charts dated 20th April 2018
Evening MarketProfile report dated 19th April 2018
We got an inside day in the Nifty on low range and volume participation today. The volume was only 56.3L one of the lowest in the series and the range of 35 points told us that the longer time frame or OTF as we call them was missing. The BankNifty balanced lower today and even that […]
MarketProfile charts dated 19th April 2018
MarketProfile charts dated 19th April 2018