Evening MarketProfile Report dated 22nd May

The Nifty and the Banknifty put in a Normal day in the markets today. A Normal day is a day when the entire range of the session is contained within the first hour of trade and there are no extensions. A normal day is also a market wanting to reassess, post an imbalance move. The […]

Evening MarketProfile report dated 10th May

The auction of Thursday was mostly inside the range of yesterday’s profile but structured downwards. In these 2 sessions, we are now seeing 2 identical volume pockets at 10722 and at 10776 hinting at the presence of large players. In MarketProfile we tend to look at the commitment of players to an auction. We also pay attention […]

Evening MarketProfile report dated 09th May

The responsive buying seen yesterday were able to push the Nifty past the 10767 F hurdle today. The auction stalled near 10788 later in the day on some booking of longs, especially at 10778 F. Regardless we see 10746 as a good cushion for longs for the rest of the week. The expected move of the […]