Market Profile Analysis dated 10th Mar 2023
Nifty Mar F: 17452 [ 17489 / 17367 ] NF not only opened with a big gap down of 155 points but also made an OH (Open=High) start at 17489 as it continued to probe lower in the A period tagging the weekly VPOC of 17448 & the 02nd Mar daily one of 17400 while making […]
Weekly Charts (06th to 10th Mar 2023) and Market Profile Analysis
Nifty Spot Weekly Profile (06th to 10th Mar 2023) 17413 [ 17800 / 17324 ] Previous week’s report ended with this ‘The weekly profile is a Neutral Extreme One to the upside with completely lower Value at 17313-17354-17411 and has confirmed a weekly FA at 17255 which has the 1 ATR objective at 17709 which […]
Market Profile Analysis & Weekly Settlement Report dated 09th Mar 2023
Nifty Mar F: 17645 [ 17818 / 17635 ] NF opened in previous day’s spike & made a look up above it but was swiftly rejected from 17818 and dropped quickly to 17700 in the IB once the spike low of 17778 was broken stalling right at yesterday’s initiative buying tail of 17701 to 17654 as […]
Market Profile Analysis dated 08th Mar 2023
Nifty Mar F: 17794 [ 17805 / 17654 ] NF opened lower and continued to drop as it went on to tag the 03rd Mar VPOC of 17666 while making a low of 17654 but found good demand coming back triggering a move back into previous day’s range in the A period itself followed by new […]
Weekly Charts (27th Feb to 03rd Mar 2023) and Market Profile Analysis
Nifty Spot Weekly Profile (27th Feb to 03rd Mar 2023) 17594 [ 17644 / 17255 ] Previous week’s report ended with this ‘The weekly profile is a trending one to the downside making lower highs & lower lows on all 5 days but profile wise resembles a DD (Double Distribution) with mostly lower Value at […]
Market Profile Analysis dated 06th Mar 2023
Nifty Mar F: 17775 [ 17864 / 17724 ] NF not only opened above previous high but continued the Trend Day imbalance with another Open Drive Up as it tagged the February 2023 Monthly POC of 17839 in the IB (Initial Balance) while leaving a long A period buying tail from 17818 to 17724. The auction […]
Monthly charts (February 2023) and Market Profile Analysis
Nifty Spot – 17304 [ 18134 / 17255 ] Monthly Profile (February 2023) Previous month’s report ended with this ‘The monthly profile remained below December 2022’s VWAP of 18337 and was a nice balanced one for most part before it made a move away from the monthly Value of 17845-17132-18186 on the last 3 days leaving a Normal […]
Order Flow charts dated 06th March 2023
Many traders are used to viewing volume as a histogram beneath a price chart. This approach shows the amount of volume traded below the price Bar. The Order Flow approach is to see the Volume traded inside or within the price bar, an important distinction. Order Flow trading is thinking about what order market participants […]
Market Profile Analysis dated 03rd Mar 2023
Nifty Mar F: 17671 [ 17725 / 17475 ] NF opened with a gap up of 91 points trapping all the laggard shorts of previous close who were forced to exit which was then followed by some initiative buying as it confirmed an Open Drive and a move away from the 4-day balance it had formed […]
Order Flow charts dated 03rd March 2023
Many traders are looking for information on how to use market conditions to find good trades. Order Flow is best understood as a way to see existing bias in the markets. Order Flow helps us understand who is in control of the market and who is ‘upside down’ and likely to make exits from that […]