Monthly charts (January 2024) and Market Profile Analysis
Nifty Jan Spot: 21725 [ 22124 / 21137 ] Previous month’s report can be viewed here Nifty has formed a Neutral monthly profile for January where it hit new ATH of 22124 on 16th but displayed exhaustion to the upside with a 2-day balance with a prominent POC at 22054 from where it made a trending […]
Market Profile Analysis dated 01st February 2024
Nifty Feb F: 21751 [ 21920 / 21725 ] Open Type OAIR (Open Auction In Range) Volumes of 12,380 contracts Below average Initial Balance 118 points (21890 – 21772) Volumes of 35,533 contracts Range average & volumes below Day Type Neutral Extreme – 195 points Volumes of 1,80,971 contracts Below average NF opened in previous Value […]
Market Profile Analysis dated 31st January 2024
Nifty Feb F: 21808 [ 21840 / 21570 ] Open Type ORR (Open Rejection Reverse) Volumes of 15,838 contracts Average Initial Balance 160 points (21729 – 21570) Volumes of 38,629 contracts Range above average & volumes average Day Type Normal Variation – 270 points Volumes of 1,46,625 contracts Average NF gave a follow down to previous […]
Market Profile Analysis dated 30th January 2024
Nifty Feb F: 21630 [ 21938 / 21607 ] Open Type OA (Open Auction) Volumes of 18,922 contracts Average Initial Balance 124 points (21938 – 21815) Volumes of 38,512 contracts Average Day Type Trend – 332 points Volumes of 1,63,520 contracts Above average NF continued previous day’s Trend Up imbalance with another higher open scaling above […]
Market Profile Analysis dated 29th January 2024
Nifty Feb F: 21855 [ 21885 / 21575 ] Open Type OD (Open Drive Up) Volumes of 32,910 contracts Above average Initial Balance 185 points (21760 – 21575) Volumes of 60,205 contracts Above average Day Type Trend – 310 points Volumes of 1,81,214 contracts Above average NF made a higher open and took support right at […]
Market Profile Analysis dated 25th January 2024
Nifty Feb F: 21488 [ 21611 / 21394 ] Open Type OAIR (Open Auction In Range) Volumes of 13,510 contracts Below average Initial Balance 115 points (21611 – 21496) Volumes of 34,569 contracts Average Day Type Normal Variation – 217 points Volumes of 1,84,170 contracts Average NF not only rejected the previouse spike close from 21582 […]
Market Profile Analysis dated 24th January 2024
Nifty Jan F: 21477 [ 21505 / 21141 ] Open Type ORR (Open Rejection Reverse) Volumes of 18,849 contracts Above average Initial Balance 297 points (21438 – 21141) Volumes of 53,246 contracts Above average Day Type Normal– 364 points Volumes of 2,13,430 contracts Above average NF continued previous session’s Trend Day imbalance hitting new lows of […]
Market Profile Analysis dated 23rd January 2024
Nifty Jan F: 21194 [ 21783 / 21153 ] Open Type OAOR (Open Auction Out of Range) Volumes of 27,290 contracts Above average Initial Balance 142 points (21783 – 21670) Volumes of 52,876 contracts Above average Day Type Trend – 630 points Volumes of 2,52,641 contracts Above average NF opened with a 156 point gap up […]
Market Profile Analysis dated 20th January 2024
Nifty Jan F: 21604 [ 21759 / 21566 ] Open Type OAOR (Open Auction Out of Range) Volumes of 10,583 contracts Below average Initial Balance 108 points (21759 – 21651) Volumes of 25,276 contracts Range above average & volumes below Day Type 3-1-3 profile – 194 points Volumes of 72,894 contracts Below average NF opened higher […]
Market Profile Analysis dated 19th January 2024
Nifty Jan F: 21672 [ 21708 / 21579 ] Open Type OAOR (Open Auction Out of Range) Volumes of 19,565 contracts Above average Initial Balance 92 points (21687 – 21595) Volumes of 39,966 contracts Range below average & volumes above Day Type Neutral Centre – 129 points Volumes of 1,25,832 contracts Below average NF opened higher […]