Posted on

08-11-17 Market Profile Blog [Nifty Banknifty Stocks]

[et_pb_section bb_built=”1″ custom_padding=”0px|0px|0px|0px” fullwidth=”on” _builder_version=”3.0.62″ background_color=”#8c8c8c”][et_pb_fullwidth_image src=”” _builder_version=”3.0.62″ custom_margin=”50px|50px|50px|50px” /][/et_pb_section][et_pb_section bb_built=”1″ fullwidth=”off” specialty=”off”][et_pb_row][et_pb_column type=”4_4″][et_pb_code _builder_version=”3.0.65″]<script async src=”//”></script><!– [et_pb_line_break_holder] –><!– GAD 1 –><!– [et_pb_line_break_holder] –><ins class=”adsbygoogle”<!– [et_pb_line_break_holder] –> style=”display:inline-block;width:728px;height:90px”<!– [et_pb_line_break_holder] –> data-ad-client=”ca-pub-6287344710517469″<!– [et_pb_line_break_holder] –> data-ad-slot=”9715059726″></ins><!– [et_pb_line_break_holder] –><script><!– [et_pb_line_break_holder] –>(adsbygoogle = window.adsbygoogle || []).push({});<!– [et_pb_line_break_holder] –></script>[/et_pb_code][/et_pb_column][/et_pb_row][/et_pb_section][et_pb_section bb_built=”1″ custom_padding=”0px|0px|54px|0px” _builder_version=”3.0.62″][et_pb_row custom_padding=”0px|0px|0px|0px” _builder_version=”3.0.60″][et_pb_column type=”4_4″][et_pb_text _builder_version=”3.0.62″]

How Nifty And Banknifty Traded Today

[/et_pb_text][et_pb_text _builder_version=”3.0.67″ background_layout=”light” text_orientation=”left” border_style=”solid”]

Slack Update 1

Yesterday’s late rally was completely rejected with a nice gap down. While there was some rejection on Banknifty Nifty did not have any excess at the lows.  So all we had to do was to monitor the quality of the pullback.

Image Nifty Market Profile 1 –

Image Banknifty Market Profile 1 –

Slack Update 2

Banknifty moved higher and tried to enter YVA, Nifty was struggling to enter the YR. This is what we were waiting for to look for shorting opportunities, as the trend is decidedly down.

Image Nifty Market Profile 2 –

Image Banknifty Market Profile 2 –

Slack Update 3

Sharing the screen shot of my option trade in Banknifty along with the OF chart and my logic in brief. Not to brag but just to show that I am a trader who shares whatever small knowledge I have accumulated over a period of 12+ years.

Image Nifty Order Flow 3 –

Image Banknifty Order Flow 3 –

Closing Update

By the time we close we had a rally again similar to yesterday. Both indices have closed below the DHVN so the control still rests with the sellers.

[/et_pb_text][/et_pb_column][/et_pb_row][et_pb_row _builder_version=”3.0.60″][et_pb_column type=”4_4″][et_pb_text _builder_version=”3.0.60″]

How To Trade Nifty And Banknifty Tomorrow

[/et_pb_text][et_pb_text _builder_version=”3.0.67″ background_layout=”light” text_orientation=”left” border_style=”solid”]

Banknifty had a wide swing day. Nifty could not close inside IB range. The trend is still down and so is today’s VAP for both indices.

Image Nifty PAP –

Image Banknifty PAP –

[/et_pb_text][/et_pb_column][/et_pb_row][et_pb_row _builder_version=”3.0.60″][et_pb_column type=”4_4″][et_pb_text _builder_version=”3.0.60″]

Todays Video

[/et_pb_text][et_pb_video _builder_version=”3.0.67″ src=”” /][/et_pb_column][/et_pb_row][et_pb_row _builder_version=”3.0.62″ background_color=”#8c8c8c” custom_padding=”20px|20px|20px|20px”][et_pb_column type=”1_2″][et_pb_image src=”” _builder_version=”3.0.62″ /][/et_pb_column][et_pb_column type=”1_2″][et_pb_text _builder_version=”3.0.62″ background_layout=”dark”]

Market Profile Gateway To Profits

[Home Study Trading Course]

The Course Is Open For Subscription

[/et_pb_text][et_pb_button button_url=”” url_new_window=”on” button_text=”Learn More” _builder_version=”3.0.62″ background_color=”#8224e3″ background_layout=”dark” button_alignment=”center” /][/et_pb_column][/et_pb_row][et_pb_row _builder_version=”3.0.60″][et_pb_column type=”4_4″][et_pb_text _builder_version=”3.0.62″] [et_bloom_inline optin_id=optin_2] [/et_pb_text][/et_pb_column][/et_pb_row][et_pb_row _builder_version=”3.0.47″ background_size=”initial” background_position=”top_left” background_repeat=”repeat”][et_pb_column type=”4_4″][et_pb_comments _builder_version=”3.0.60″ /][/et_pb_column][/et_pb_row][/et_pb_section]

Leave a Reply

Your email address will not be published. Required fields are marked *