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  • Sagar Prakash

Market Profile Analysis for 27th June 2019


Today we are bullish in #Nifty above 11850. If price started trading below 11850 then my view is negated and market will move to sideways. Targeting 11830 and 11810.


Yesterday Nifty open below within Value but not close to POC, which indicates slight imbalance with slight gap down later buyer took the control able to break the PDH but price facilitation towards upside was not smooth more volatility and lot of doji's near PDH its shows that market is waiting for some news. Later it formed medium IB and forming Normal variation day (NV day ) upside and meeting our Target.


Due to profit booking at last hour market seen some sort of selling at important zone(11870).


Need to see the price action around important level 11800, 11825 11870, 11890 & 11920

#Nifty may open flat around 11870-11850.


Nifty Market Profile Values


VAH 11850

POC 11830

VAL 11810


Market sentiment is Positive for #Nifty.


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


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.


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