Market Profile Analysis dated 30th April 2021

Nifty May F:  14691 [ 14890 / 14660 ] NF opened lower and gave a move away the previous day’s prominent POC of 14927 forming lower daily Value for the first time in the week as it formed a ‘p’ shape profile for the first half of the day but gave a fresh probe lower […]

Weekly Charts (26th to 30th April 2021) and Market Profile Analysis

Nifty Spot Weekly Profile (26th to 30th Apr 2021) Spot Weekly – 4631 [ 15044 / 14421 ] Nifty opened the week with a gap up on Monday where it took support just above the weekly VAH of 14409 and as expected formed an imbalance to the upside till Thursday morning which saw another gap […]

Monthly charts (April 2021) and Market Profile Analysis

Nifty Spot –  14631 [ 15044 / 14151 ] Monthly Profile (April 2021) Previous month’s report ended with this ‘Nifty has formed a 3-1-3 balanced profile for the month after getting rejected on the upside from previous month’s VAH leaving a small selling tail from 15273 to 15336 on the monthly timeframe which reversed the […]