Open Drive Today

Today was an Open Drive

An Open Drive is an institution taking control from the Open Price

How would we know?

Price moves rapidly and makes a big range in the first 45 to 60 minutes of the Trading session

Mp Charts Nifty — Mozilla Firefox 2024 03 04 At 11.34.57 Pm Open Drive Today Banknifty Profile, Open Interest

How do we know for sure it is an institution?

Simply because a retail trader won’t be able to move price BIG with 2 and 5 lots.

Track the institutions . Work with them

 

More at – https://vtrender.com/what-is-the-market-profile/