Market Profile Analysis & Weekly Settlement Report dated 04th May 2023
Nifty May F: 18294 [ 18315 / 18113 ] NF opened lower making an attempt to move away from previous Value to the downside but could only manage to tag 18113 and finding no supply empowered the buyers to then come back scaling above previous Value in the IB (Initial Balance) with an initiative tail from […]
Market Profile Analysis dated 03rd May 2023
Nifty May F: 18150 [ 18180 / 18100 ] NF opened with a gap down signalling a move away from the prominent yPOC of 18223 and went on to make a low of 18114 in the A period taking support just above the 28th Apr closing tail from 18111 after which it not only got back […]
Market Profile Analysis dated 02nd May 2023
Nifty May F: 18213 [ 18247 / 18180 ] NF continued previous session’s imbalance close with a higher as well as OL (Open=Low) start at 18180 but settled down into an OAOR as it could only make a high 18247 in the IB and remained in this narrow range for the rest of the day forming […]
Market Profile Analysis dated 28th Apr 2023
Nifty May F: 18112 [ 18128 / 17965 ] NF opened higher and went on to tag 18054 but did not find fresh demand triggering a liquidation probe down in the IB as it made a low of 17966 after which it made a 1 point C side extension lower to 17965 which was swiftly rejected […]
Weekly Charts (24th to 28th Apr 2023) and Market Profile Analysis
Nifty Spot Weekly Profile (24th to 28th Apr 2023) 18065 [ 18089 / 17612 ] Previous week report ended with this ‘The weekly profile was completely rotational after getting rejected from 17757 on the upside forming a nice Gaussian Curve with completely lower Value at 17594-17630-17668 and has a good chance of starting a fresh […]
Monthly charts (April 2023) and Market Profile Analysis
Nifty Spot – 18065 [ 18089 / 17312 ] Monthly Profile (April 2023) Previous month’s report ended with this ‘The Monthly Profile is a Neutral One resembling a ‘b’ shape one with completely lower Value at 16832-17069-17337 but for the first time in 4 months has closed above the POC so can give a bounce higher towards the […]
Market Profile Analysis & Weekly Settlement Report dated 27th Apr 2023
Nifty May F: 17991 [ 18000 / 17870 ] NF made a freak opening tick of 17828 but remained mostly above the 2-day composite POC of 17864 and made a slow probe higher all day completing the 2 IB target of 17968 in the K period and closed in a small spike higher to 18000 and […]
Order Flow charts dated 28th April 2023
Many traders are used to viewing volume as a histogram beneath a price chart. But the Order Flow approach shows the amount of volume traded during each price bar, and also it breaks this volume down into the Volume generated by the Buyers and the Volume generated by the sellers again at every row of […]
Order Flow charts dated 27th April 2023
When we think about how to measure volume in the market one of the keys is Order Flow. It plays a role by telling us what the other traders have done in the market and are currently doing and this provides valuable clues and potential opportunities to trade. An Order Flow trader can actually see […]
Market Profile Analysis dated 26th Apr 2023
Nifty Apr F: 17815 [ 17830 / 17722 ] NF opened below the closing PBL of 17772 and continued to probe lower in the IB as it made a look down below PDL to tag 17722 but left a small responsive tail signaling the return of buyers from this demand zone of 24th Apr. The auction […]