Menu
  • Crash Course on Orderflow
  • Training
  • Premium
  • Traders Cafe
  • Intraday signals
  • MCX Signals
  • Library

Marketcalls

Simply Intelligent Technical Analysis and Trading Strategies

  • Software
    • Amibroker
    • NinjaTrader 7
    • Ninjatrader 8
    • Option Action
    • Market Analyst
    • Metatrader
    • Python
    • Datafeed
  • Market Profile
    • Orderflow
  • Markets
  • Commodities
  • Forex
  • Economy
    • Banking
  • Webinars
  • Trading Lessons
    • Algo Trading
    • Infographic
    • Video
You are here: Home / Futures and Options / Nifty Futures – Market Profile Analysis – 20th Mar 2018

Nifty Futures – Market Profile Analysis – 20th Mar 2018

March 20, 2018 by Rajandran Leave a Comment

Nifty Futures today tested the visual destination level 10120. If price is not able to withstand above 10120 in the very short term one could expect a liquidity crisis in a very short term which could bring a push down below 10000 psychological reference levels. Interestingly the next visual destination is roughly around 9696 levels.

Nifty Futures Market Profile Charts

Nifty Futures continued is Fridays selling pressure on Mondays trading as well. India VIX is up and around 15.82 levels. Selling confidence is witnessed throughout the trading day. Some good put writing activity is seen around 10000 levels with a decent Open Interest addition in 10000PE levels. Price manages to close below 200 Day Moving Average. Definitely it would have attracted the eye balls of higher timeframe players.

Todays rally high 10160 is likely to act as immediate reference levels on the upper side. Current low is not secured yet. May be some more downside is left.
Its time to approach shorts cautiously as more and more short term sellers are in control.

Breaking the psychological mark 10000 levels could open one more round of fresh selling which also having a higher possibility of triggering massive liquidity aka stop hunting of higher timeframe players.

Related Readings and Observations

  • Nifty and Bank Nifty – Market Profile Structure Overview – October FuturesNifty and Bank Nifty – Market Profile Structure Overview – October Futures Wednesday's profile structure is interesting as it turns out to be a classical trend day. On a Down Trend day market one timeframe lower without breaking the previous bar high. i.e making […]
  • Nifty Futures Short Term Overview – Market ProfileNifty Futures Short Term Overview – Market Profile Nifty Futures lost 5.4% for this month. Interestingly so far it is outperforming Bank Nifty Futures which lost 10% for Sep 2018 alone. Expiry is very near and current Nifty Futures […]
  • Does Nifty Shows Extreme  Bullishness?Does Nifty Shows Extreme Bullishness? Nifty Futures end on Friday with a strong bullish note. Profile Sentiment turned positive however indicator sentiment maintaining negative which brings the odds of sideways to downward […]
  • Nifty Futures – July Series – Market Profile OverviewNifty Futures – July Series – Market Profile Overview Nifty Futures inventory went long to too long on last Friday. At the Monday open, trading confidence is initially low. Trading confidence is low even after the initial - 2 day breakout […]
  • Nifty Futures Higher Timeframe and Market Profile OutlookNifty Futures Higher Timeframe and Market Profile Outlook I guess Nifty is in a make or break zone as the higher timeframe range is getting tighter & tigher. The United States and China slapped tit-for-tat duties on $34 billion worth of each […]
  • Nifty Futures Holds 10600 to 10900 rangeNifty Futures Holds 10600 to 10900 range High Volatile Choppiness is the name of the game being played in Nifty. Since 25th of May lack of serious buying and lack of serious selling is witnessed which is keeping the market in a […]

Filed Under: Futures and Options Tagged With: Market Profile, Nifty Futures

About Rajandran

Rajandran is a Full time trader and founder of Marketcalls & Co-Founder of Traderscafe, trades mostly using discretionary Trading Concepts like Market Profile, Trading sentimental analysis, building timing models, algorithmic trading models. Instructs professional traders, full time traders & aspiring full time traders. Rajandran attended college in the Chennai where he earned a BE in Electronics and Communications. Rajandran has a broad understanding of trading softwares like Amibroker, Ninjatrader, Esignal, Metastock, Motivewave, Market Analyst(Optuma),Metatrader,Tradingivew,Python and understands individual needs of traders and investors utilizing a wide range of methodologies.

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Email Newsletter

Sign up to receive email updates on latest trading strategies , analysis & financial market updates

We Respect Your Privacy

Premium Access

Username:
Password:
Remember Me
Lost your password?

Tools For Traders

  • Marketcalls Android App
  • MCX Signals
  • Intraday Signals
  • International Commodities
  • OI Tracker
  • Participation OI
  • Your Broker
  • Market Sentiment Analysis

Amibroker Updates

[Recorded Webinar] How to Send Bracket Order, Cover Order and Multiple Orders using Amibroker and AlgoAction Platform

December 25, 2018 By Rajandran 1 Comment

AlgoAction Now Supports Bracket Order and Multi Orders

December 23, 2018 By Rajandran Leave a Comment

Code Snippet : ORB – Open Range Breakout Levels – Amibroker AFL Code (Better Version)

December 4, 2018 By Rajandran 1 Comment

Button Trading in Amibroker using AlgoAction Platform

December 2, 2018 By Rajandran Leave a Comment

[Recorded Webinar] Chart Based Vs Scan/Exploration Based Automated Trading – Amibroker

December 2, 2018 By Rajandran 1 Comment

  • Facebook
  • Google+
  • LinkedIn
  • RSS
  • Twitter
  • YouTube

Metatrader Updates

MetaTrader 5 Demo Servers Now Available for BSE Currency Markets

March 20, 2018 By Rajandran 8 Comments

ChartIQ – WebTrader for MT4

December 4, 2017 By Rajandran 4 Comments

Metatrader 4 – Web Platform Overview

October 29, 2015 By Rajandran 9 Comments

William VIX FIX Indicator for Metatrader 4

May 16, 2015 By Rajandran 9 Comments

How to Install Custom MQL4 indicators in Metatrader

November 14, 2014 By Rajandran 6 Comments


About | Contact Us | Terms and Conditions | Privacy Policy | Support Policy | Privacy Policy | Refund Policy | Disclaimer


© Copyright 2018 Marketcalls Financial Services Pvt Ltd · All Rights Reserved · And Our Sitemap · All Logos & Trademark Belongs To Their Respective Owners·

Data and information is provided for informational purposes only, and is not intended for trading purposes. Neither marketcalls.in website nor any of its promoters shall be liable for any errors or delays in the content, or for any actions taken in reliance thereon.