Evening MarketProfile report dated 23rd Aug

The auction on thursday drove lower at the open and was noticeable at the end of C period that there was no new supply coming into the market. The BankNifty made new lows below C but it had more to do with the Thurs Opex than anything else. The path of least resistance remains upwards and the […]

OrderFlow charts dated 23rd Aug 2018

OrderFlow charts dated 23rd Aug 2018 OrderFlow charts – 30 min duration of the Nifty and the BankNifty July Futures showing the Buy side and the sell side imbalances

Evening MarketProfile report dated 21st Aug

The auction on Tuesday was in the same zone as Monday’s upper-value area and indicated an acceptance of the higher prices in the auction. The path of least resistance continues to be upwards till sellers initiate a new auction lower on volumes. A weekly outlook was updated on Saturday at – https://vtrender.com/weekly-outlook-for-the-week-dated-20th-to-24th-aug/ It is the same MarketProfile view […]

Evening MarketProfile report dated 20th Aug

The auction on Monday in the Nifty opened higher than Friday’s profile and auctioned above the 2-week bracket the Nifty had been in. The close was in a P shaped profile at the highs. Support for the auction now has moved to 10500 with an objective set at 10653 and 10660 F A weekly outlook was […]

Weekly outlook for the week dated 20th to 24th Aug

Last week in the Nifty and the BankNifty showed a sideways profile with value going sideways confirming the presence of a bracket or a balance as we call in MarketProfile. The composite POC for this balance is around 11400 and we expect further rotations around this pivot for the week ahead.   The higher levels […]

OrderFlow charts dated 17th Aug 2018

OrderFlow charts dated 17th Aug 2018 OrderFlow charts – 30 min duration of the Nifty and the BankNifty July Futures showing the Buy side and the sell side imbalances

Evening MarketProfile report dated 16th Aug

A gap down was bought aggressively in the Nifty at the Open but the visit to the POC again saw responsive sellers in a day which was a Neutral Center in both the Nifty and the BankNifty. Neutral days would tell us that the market is interested in this zone to create a Balance or […]