Market Profile Analysis dated 05th October 2021
Nifty Oct F: 17830 [ 17840 / 17631 ] NF opened well below the yPOC of 17709 and as expected went on to test the extension handle of 17636 as it made a low of 17631 in the opening minutes after which it formed a very narrow range Initial Balance of just 56 points as it […]
Market Profile Analysis dated 04th October 2021
Nifty Oct F: 17706 [ 17745 / 17560 ] NF opened higher above previous day’s small selling tail of 17544 to 17562 triggering a big short covering move as it went on to tag the 30th Sep VPOC of 17632 in the A period itself and left an extension handle at 17636 giving a quick move […]
Market Profile Analysis dated 01st October 2021
Nifty Oct F: 17530 [ 17562 / 17433 ] NF opened with a big gap down well below the 21st Sep extension handle of 17547 and continued to probe lower in the IB (Initial Balance) as it made new lows for the day at 15433 in the ‘B’ period almost completing the 2 ATR objective from […]
Market Profile Analysis dated 30th September 2021
Nifty Oct F: 17623 [ 17758 / 17604 ] NF opened in the 2-day composite Value and filled up the low volume zone between 17680 to 17750 for the first 5 periods as it remained inside the IB (Initial Balance) range of 78 points after which it made an attempt to extend higher in the F […]