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 […]

Weekly outlook for week dated 04th June to 8th June ( spot prices)

Last week settlement was done in the Nifty at 10724 in a late probe upwards which was retraced by Friday. The vwap of the just concluded May series is at 10669 spot and the weekly close on Friday was a shade higher neat 10696 spot.   We outlined our reasons for the 10730- 10750 spot zone […]

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 […]

Weekly outlook for week dated 21st May to 25th May ( spot prices)

Tuesday’s high volume reversal from 10930 (spot) set the stage for a change in the trend of the past few weeks and the Nifty traded a 340 point range giving up all the gains of May series and closing the week at the lowest point. The BankNifty also reversed lower from the profile of 2/2 […]

Weekly Outlook for week dated 14th May to 18th May ( spot prices)

Last week I anticipated a rise to 10767 F in the Nifty May F and responsive selling to emerge from there on the retest. You can do a quick read through of last week’s post based on MarketProfile at – https://vtrender.com/weekly-outlook-for-the-week-dated-7th-may-to-11th-may/     From a low 10645 F on Monday the Nifty rose to 10766 on Tuesday where […]

Weekly outlook for the week dated 7th May to 11th May

Last week we anticipated the Nifty to run into some hurdles near 10760 spot and dip lower to restest 10610 on the spot. From a high of 10784 in the week the Nifty dipped to 10601 on Friday in line with the auction which was expected.   The test of 10760 is not complete and […]

Weekly outlook for the week dated 30th April to 4th May.

Settlement of April series was done at the highest point in a spike which came late afternoon and ensured a close at the highs. A follow up above the spike highs on Friday ensured that the Bulls retained full control over the week yet again.   The April series closed with a vwap of 10420 in […]

Weekly hypos for the week dated 16th April to 20th April

The week gone by was a quiet and uneventful week in the markets as the Nifty and most of the global markets turned in the lowest weekly range since February. Traders in our markets have been obsessing with a look west policy as volatile moves in the US markets over the past 2 months have […]

Weekly hypos week dated 9th April to 13th April ( spot prices)

The first week of the new series of April was an eventful one as we saw 2 days of a rise and then a day of fall which was followed up by another 2 days of rise. Market breadth was good through the week and the McClellan oscillator (MO) which we track for market breadth hit […]

Nifty/ BN Weekly View (spot) for 07 March- 11March

From a 52 week low to closing the weekly session at session highs, the mood of the Nifty changed along with the bias of several traders including us. We are now short term positive and subject to dips holding 7230 in the next few weeks we aim for 7604 immediately, 7834 next and 8136 in the weeks to […]