Market Profile Analysis dated 03rd February 2022
Nifty Feb F: 17547 [ 17784 / 17500 ] NF opened below previous day’s spike close confirming that the poor trade facilitation was due to lack of demand for which the PLR (Path of Least Resistance) of the auction had now turned to the downside as it left an initiative selling tail in the IB (Initial […]
Market Profile Analysis dated 02nd February 2022
Nifty Feb F: 17796 [ 17810 / 17680 ] NF made it a hat-trick of gap up opens as it got accepted above the 21st Jan VPOC of 17668 and made a slow grinding probe to the upside all day leaving the first PBL at 17685 in the C period after which it went on to […]
Market Profile Analysis dated 01st February 2022
Nifty Feb F: 17589 [ 17634 / 17231 ] NF opened with another big gap of 163 points and got accepted in 24th Jan’s Selling singles as it made a high of 17595 in the IB (Initial Balance) after which it made that dreaded C side extension to 17609 and was promptly rejected back below VWAP […]