Weekly Spot Charts (13th to 17th May 2024) and Market Profile Analysis
Nifty Spot: 22466 [ 22502 / 21821 ] Monday – Nifty opened with a Test Drive lower from previous week’s POC of 22054 as it made new lows for the month leaving a big 239 point range Initial Balance which included an initiative selling tail from 22067 to 21897 along with a low of 21828. The […]
Market Profile Analysis dated 16th May 2024
Nifty May F: 22452 [ 22485 / 22154 ] Open Type ORR (Open Rejection Reverse) Volumes of 39,267 contracts Above average Initial Balance 78 points (22400 – 22322) Volumes of 81,936 contracts Above average Day Type Neutral Extreme – 331 pts Volumes of 5,54,977 contracts Above average NF opened higher tagging the VPOC of 22390 while […]
Market Profile Analysis dated 15th May 2024
Nifty May F: 22287 [ 22375 / 22211 ] Open Type OA (Open Auction) Volumes of 16,522 contracts Poor Initial Balance 142 points (22374 – 22233) Volumes of 72,643 contracts Above average Day Type Normal (‘b’ shape) – 164 pts Volumes of 2,17,207 contracts Below average NF made an OA start on poor volumes as it […]
Market Profile Analysis dated 14th May 2024
Nifty May F: 22308 [ 22364 / 22160 ] Open Type OA (Open Auction) Volumes of 32,200 contracts Average Initial Balance 100 points (22260 – 22160) Volumes of 72,517 contracts Average Day Type Trend – 205 pts Volumes of 2,66,745 contracts Below average to be updated… Click here to view the latest profile in NF on […]
Market Profile Analysis dated 13th May 2024
Nifty May F: 22140 [ 22230 / 22050 ] Open Type OTD (Open Test Drive) Volumes of 29,577 contracts Average Initial Balance 225 points (22140 – 21815) Volumes of 91,239 contracts Above average Day Type ‘Neutral Extreme‘ – 325 pts Volumes of 3,41,795 contracts Above average to be updated… Click here to view the latest profile […]
Market Profile Analysis dated 10th May 2024
Nifty May F: 22140 [ 22230 / 22050 ] Open Type OAIR (Open Auction In Range) Volumes of 35,500 contracts Average Initial Balance 150 points (22217 – 22068) Volumes of 96,163 contracts Above average Day Type ‘Neutral Centre‘ – 179 pts Volumes of 2,86,527 contracts Below average to be updated… Click here to view the latest […]
Weekly Spot Charts (06th to 10th May 2024) and Market Profile Analysis
Nifty Spot: 22055 [ 22588 / 21932 ] Monday – Nifty opened higher making an attempt to get back into previous week’s Value but got rejected leaving an A period selling tail from 22542 to 22588 indicating that the PLR (Path of Least Resistance) was to the downside and made lows of 22409 forming a Normal […]
Market Profile Analysis dated 09th May 2024
Nifty May F: 22075 [ 22388 / 22051 ] Open Type OAIR (Open Auction In Range) Volumes of 31,370 contracts Average Initial Balance 88 points (22388 – 22051) Volumes of 77,990 contracts Average Day Type ‘Trend‘ – 337 pts Volumes of 4,65,931 contracts Above average to be updated… Click here to view the latest profile in […]
Market Profile Analysis dated 08th May 2024
Nifty May F: 22393 [ 22490 / 22286 ] Open Type OA (Open Auction) Volumes of 29,672 contracts Below average Initial Balance 110 points (22405 – 22285) Volumes of 62,255 contracts Average Day Type ‘Normal Variation‘ – 204 pts Volumes of 2,99,555 contracts Average It was back to balance in NF as it opened with a […]
Market Profile Analysis dated 07th May 2024
Nifty May F: 22381 [ 22591 / 22312 ] Open Type OAIR (Open Auction In Range) Volumes of 13,534 contracts Below average Initial Balance 124 points (22591 – 22467) Volumes of 48,125 contracts Above average Day Type ‘Normal Variation‘ – 278 pts Volumes of 2,80,721 contracts Average NF resumed the imbalance after the pause in the […]