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, […]