Nifty 2016 Yearly Point of Control at 8652.5

Above charts shows the market profile charts with yearly profile distribution. Yearly profile distribution for the year 2016 on the Nifty 50 spot indicates that current point of control is at 8652.5.

Why is that important?

This year the price zone 8652.5 is the most traded price as it almost visited more than 20+ times in the year of 2016 alone. Most of the market participants consider this zone as fairest point to conduct business for this year compared to the last year 8393 zone.

Year Vs POC

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