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 […]

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 […]

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 […]