Market Profile Analysis for 13th Jan 2021

Hi Team,

Today Market sentiment is positive, Traders can plan a long trade if price shows OTD up or Open- low above PDH keeping SL below the low of the candle. This scenario will change if the price shows open -high or if price started trading below previous day range. One should look for price action around 32420 important level for buyers. Open placement and IB will give more clarity will keep you posted any further changes in market condition.

Important level need to watch 32744, 32507, 32363 & 32249 are the important level need to monitor

Bank Nifty

VAH 32510

POC 32430

VAL 31990

Team,

Just Nifty

www.justnifty.in

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