[TradeZilla] Nifty and Bank Nifty Market Profile Summary – 8th Apr 2016
Nifty Opened below previous day value area but within previous days range. Open type = OAIR (Open Auction in Range) and Day Type = Normal Profile
Nifty Opened below previous day value area. We are attempting towards the previous weak high at 7794 zone. Twice my attempt ended in a failure and lost (net 61 points in Nifty futures). Initially we attempted for a mechanical buying reference at prev day low but later the mechanical buying reference taken out as market came down.