Weekly Spot Charts (25th to 29th Dec 2023) and Market Profile Analysis
Nifty Spot: 21731 [ 21801 / 21329 ] Previous week’s report ended with this ‘The weekly profile is a Neutral Centre one with completely higher Value at 21217-21342-21478 with a nice responsive buying tail at lows from 21036 to 20976 along with the daily FA of 21232 from 22nd Dec which will be the references on […]
Monthly charts (December 2023) and Market Profile Analysis
Nifty Dec Spot: 21731 [ 21801 / 20183 ] Previous month’s report ended with this ‘The Monthly Profile is a Trend Up one with an initiative buying tail from 19064 to 18973 along with 3 extension handles at 19096, 19175 & 19276 after which it went on to complete the 80% Rule in the 4-month composite […]
Market Profile Analysis dated 27th December 2023
Nifty Dec F: 21681 [ 21708 / 21507 ] Open Type OA (Open Auction) Volumes of 8,987 contracts Below average Initial Balance 77 points (21584 – 21507) Volumes of 25,277 contracts Below average Day Type Normal Variation – 201 points Volumes of 1,41,482 contracts Above average NF made an almost OL (Open=Low) start at 21510 indicating […]
Market Profile Analysis dated 26th December 2023
Nifty Dec F: 21472 [ 21532 / 21362 ] Open Type OAIR (Open Auction In Range) Volumes of 6,958 contracts Poor Initial Balance 107 points (21469 – 21362) Volumes of 23,954 contracts Range above average and volumes below Day Type Normal Variation – 169 points Volumes of 1,31,234 contracts Average NF made an OAIR start as […]
Weekly Spot Charts (18th to 22nd Dec 2023) and Market Profile Analysis
Nifty Spot: 21349 [ 21593 / 20976 ] Previous week’s profie was a Neutral Extreme one to the upside after it showed weakness on the downside leaving poor lows at 20769 in an attempt to probe below the prior weekly Value and this failure of sellers not only triggered a short covering probe higher but also […]
Market Profile Analysis dated 22nd December 2023
Nifty Dec F: 21402 [ 21474 / 21285 ] Open Type OA (Open Auction) Volumes of 12,279 contracts Below average Initial Balance 123 points (21220 – 21060) Volumes of 37,051 contracts Above average Day Type Neutral – 189 points Volumes of 1,66,585 contracts Above average NF opened above PDH but could not sustain and went on […]
Market Profile Analysis dated 21st December 2023
Nifty Dec F: 21350 [ 21379 / 21060 ] Open Type OAOR (Open Auction Out of Range) Volumes of 28,005 contracts Above average Initial Balance 160 points (21220 – 21060) Volumes of 62,923 contracts Above average Day Type Trend Up – 320 points Volumes of 1,96,078 contracts Above average NF continued the previous session’s imbalance close […]
Market Profile Analysis dated 20th December 2023
Nifty Dec F: 21217 [ 21680 / 21164 ] Open Type OAOR (Open Auction Out of Range) Volumes of 13,880 contracts Poor Initial Balance 74 points (21669 – 21595) Volumes of 26,742 contracts Below average Day Type Neutral Extreme – 516 points Volumes of 2,17,416 contracts Above average NF opened higher with an OL (Open=Low) start […]
Market Profile Analysis dated 19th December 2023
Nifty Dec F: 21527 [ 21594 / 21415 ] Open Type OAIR (Open Auction In Range) Volumes of 9,617 contracts Poor Initial Balance 100 points (21515 – 21415) Volumes of 35,373 contracts Above average Day Type Normal Variation – 180 points Volumes of 1,25,220 contracts Above average NF made an almost OL (Open=Low) start at 21480 […]
Market Profile Analysis dated 18th December 2023
Nifty Dec F: 21477 [ 21547 / 21458 ] Open Type OAIR (Open Auction In Range) Volumes of 17,173 contracts Average Initial Balance 83 points (21544 – 21461) Volumes of 37,175 contracts Average Day Type Normal (Gaussian) – 89 points Volumes of 98,023 contracts Below average NF opened lower into the L TPO singles from previous […]