Market Profile Charts dated 19th Oct

Through a Market Profile chart , a trader can actually see exactly what is happening in the market as it happens. Once you are able to understand what is happening in the present, you are able to make far better decisions about what might happen in the future. Market Profile provides traders with vision into […]

Evening Market Profile report dated 18th Sept

We have been pointing to the Failed Auction at 11298F as an important pivot for the rest of this series of September. There was no secure lows on the last visit below 11300 and we had got what we called a Failed Auction in Market Profile which is just an exhaustion of an existing move as sellers […]

Market Profile charts dated 18th Sept

A “market profile” presents a number of basic elements from the market in an easily understood graphic format , when analyzed properly. The Market Profile offers a charting approach that is markedly different than bar or candlestick charts, which have been used historically to graph market activity. These charts are unique and different. When you […]

Evening MarketProfile report dated 14th Sept

The Nifty futures opened gap up and the bounce we expected after hitting the objective of the down move at 11320 has played out. The higher open did not give sellers a chance to open shorts at the mentioned 11530 F levels, but there were attempts made to short near the 11490- 11500 zone as we […]

Evening MarketProfile report dated 12th Sept

A quiet open auction which was confined closely to the IB or the first hour of the trade broke away in the last 2 hours of trade again. The bounce was expected and played out on Wednesday From the auction of the day, we get an FA at 11297 which indicated tiredness on the path […]

Evening MarketProfile report dated 11th Sept

The Nifty was a quiet auction, for the most part, today and rotational around 11465. But in the last 2 hours, it dropped from 11465 to 11322 on good volumes. There was no responsive buying seen during the fall and bears had no trouble to drive it below 11400 which would be an early hint […]

MarketProfile charts dated 11th Sept

MarketProfile charts dated 11th Sept MarketProfile charts of the Nifty and the BankNifty Sept Futures updated to trade date 11th Sept A “market profile” presents a number of basic elements from the market in an easily understood graphic format , when analyzed properly. A trader must first learn to understand how the market works. This […]

Evening MarketProfile report dated 07th Sept

The dual auction which has been aggressively dominated by bears this last week continued on Friday but for a change, after the first 30 minutes of the session, the sellers stayed away and the Buyers dominated the auction on Friday to close at the highest point. The auction tested the Failed auction zone at 11650F […]

Evening MarketProfile report dated 06th Sept

For the drop in the Nifty from 11775F, we have been calling for a balance and we saw the first evidence of it today. But the day was not a quiet balance but highly volatile and in a big range where we saw yesterday’s big buyer at 11470 being tested again. We mentioned that he […]