Weekly Charts (31st May to 04th Jun 2021) and Market Profile Analysis

Nifty Spot Weekly Profile (31st May to 04th Jun 2021) 15670 [ 15733 / 15374 ] Previous week’s report ended with this ‘The weekly profile is a trending one to the upside with higher opening on all 5 days as well as higher highs & lows allbeit in a relatively narrow range of 324 points as […]

Participantwise Open Interest – 4th JUN 2021

Weekly view FIIs have added 9K short Index Futures, net 7K short Index CE, net 28K long Index PE and 8K short Stocks Futures contracts this week besides liquidating 1K long Index Futures and 20K long Stocks Futures contracts. They have been net buyers in equity segment for ₹6376 crore during the week. Clients have […]

Monthly charts (May 2021) and Market Profile Analysis

Nifty Spot – 15583 [ 15606 / 14416 ] Monthly Profile (May 2021) Previous month’s report ended with this ‘This balance & the Neutral profile on the higher timeframe inceases the odds of an imbalance and a big move coming in the month of May Nifty opened the month with a big gap down of 150 points but […]

Market Profile Analysis dated 03rd June 2021

Nifty Jun F:  15712 [ 15720 / 15635 ] NF opened higher well above the Neutral Extreme zone of 15588 to 15632 completing the 1 ATR target of 15648 from the FA of 15502 but settled down into an OAOR (Open Auction Out of Range) forming one of the narrowest IB (Initial Balance) range of […]

Market Profile Analysis dated 02nd June 2021

Nifty Jun F:  15617 [ 15632 / 15502 ] NF opened lower and moved away from previous value with the help of an initiative selling tail in the IB (Initial Balance) where it made a low of 15516 but could not extend further even till the ‘G’ period which meant that the seller was doing […]

Market Profile Analysis dated 01st June 2021

Nifty Jun F:  15618 [ 15660 / 15546 ] NF made yet another higher open and took support right at PDH (Previous Day High) of 15600 as it probed higher in the A period to hit new highs of 15660 but could not extend any further settling down into a typical OAOR narrow range of […]