Market Profile Analysis dated 3rd May

Nifty May F: NF made a hat-trick of OAIR start this week as it opened with a freak OL of 11735 matching the previous day’s low & probed higher in the IB (Initial Balance) with one of the lowest volumes as it could not even touch 10 L in the first hour indicating the absence […]

Weekly charts (29th April to 3rd May) and Market Profile Analysis

Nifty Spot Weekly Profile (29th Apr to 3rd May) In a holiday(s) shortened week, Nifty made a narrow balance on the weekly profile with the range being totally inside previous week’s range but with higher Value and a prominent POC at 11742. Nifty opened the week with a drive lower on Tuesday which was also […]