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  • Sagar Prakash

Market Profile Analysis for 08 MAY 2020




Hi Team,

Today also I don't have not much clarity in the profile, Market sentiment is neutral in #Banknifty. Open placement and IB Range will give more clarity. If price open above and sustain 19305 i will look for long trade.

Need to see the price action around 19000,19280, 19830 & 20005 are important levels for the day.

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As expected yesterday #BN opened at balanced, it's clear sign of responsive activity price not even break the IB Range forming medium IB and ended up with neutral central day.

VAH 19555

POC 19515

VAL 19405


Market sentiment is neutral for #Banknifty

After looking Market profile chart for Nifty all the Imp parameters ( RE is neu , VA is neu, EX is neg & TPO is pos )


Team,

Just Nifty Mys

www.justnifty.in

9886171897

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