June 30, 2015

Market Profile EOD analysis & Ref levels

Nifty Fut opened with a huge imbalance down below 4 day balance zone . Value area developed completely lower with a double distribution structure . 8350 Zone Bracket low holds the key . Retest and rejection is a good short rentry opp. We had failed auction at yesterday's low zone 8192. So any upside rejection we need to position short accordingly looking for that area retest. 8345 & 8240 VPOC key ref levels here.

1 comment:

  1. Deep market knowledge is important for better trading results.Traders face loss due incomplete trading strategies and lack of information about the market trend. Hence, traders are taking services from stock market advisory.