Analysis 3rd May – Market Profile

We gave 7 stocks to trade @8AM today Morning in our telegram channel.

Almost all the stocks did give good movement, I traded on two stocks. UBL and TATAELXSI. Following the analysis and my thinking while I was trading. I used to post these charts live when I trade in Telegram. So join my telegram channel to know how I visualize the market using Market profile and Volume Profile

I am available in DISCORD Channel for discussion

UBL

UBL traded up in A period and got rejected @ yesterday HVN regions extrapolated in blue dotted lines. We failed to enter in trade as the capital was locked in TATAELXSI. We gain got a confirmation when the price breached one more HVN @1156 we shorted there. It gave a maximum profit of 33 Rstata

TATAELXSI got support from 30th march one time frame Buyers. I marked the line in orange. once the line started to break we took trade on the long side. As I said in telegram channel that if stock breaks YVAL it should test the YPOC. As said within matter of minutes it tested YVAL, YVAH and YPOC all the three. It gave a maximum profit of 27 Rs

Join our DISCORD channel to know more about Market and Volume Profile

Thanks

Team FIG

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