• Sagar Prakash

Market Profile Analysis for 02 Jun 2020

Hi Team,

Today I have Sideways to Bullish view and Market sentiment is Positive in #Banknifty. If price open above 20200 and stared trading above level then i will maintain my bullish view, open placement and IB will give more clarity.

I will avoid Open auction Trade.

Need to see the price action around 20204,19450, &19150


Yesterday #BNF opened Imbalanced Buyer took the control from open and started moving upside, seems like buyers are exhausted around 20190 and price started moving sideways in 2nd half price attracted towards DPOC took support and moving around DPOC by forming Large IB and ended up with normal day.

VAH 20070

POC 19970

VAL 19830

Market sentiment is Positive for #Banknifty

After looking Market profile chart for Bank Nifty all the Imp parameters ( VA is Pos ,RE is Neu, EX is Pos & TPO is Pos )


Just Nifty Mys


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