Evening MarketProfile report dated 29th Aug

A spike into the close today upset a neat little balance in the Nifty and the bank nifty today which confirmed the auction in the 11725-11750 zone seen yesterday. Spike rules apply at the open with easy to trade markers at session lows of today. A weekly outlook was updated on Saturday at –https://vtrender.com/weekly-outlook-for-the-week-dated-27th-to-31st-august/ We have […]

MarketProfile charts dated 29th Aug

MarketProfile charts dated 29th Aug MarketProfile charts of the Nifty and the BankNifty May Futures updated to trade date 29th Augile charts dated 29th Aug

Evening MarketProfile report dated 28th Aug

We got a Normal day in the markets today as balance returned to the auction especially in the Nifty after 2 sessions. The open rejection of the morning was met with sharp responsive buying/ short covering and once again the indices closed near their highest point. Into settlement week the theme remains short covering and all […]

Evening MarketProfile report dated 27th Aug

An Open drive changed the auction around and we go a break away from the 3-1-3 profile of last week with a close at the upper extreme. Settlement music is playing over 11650 call writers and even 11700 call writers who should fuel the next leg of this settlement move upwards. Destination objective of the […]

Evening MarketProfile report dated 24th Aug

The auction on Friday was again different in both the Nifty and the BankNifty. The Nifty opened as an open auction and tested the zone below 11550 where it did not again see new supply . It closed near the DPOC/ Vwap of day at 11570. Incidentally, 11570 was also the weekly POC. The BankNifty […]