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Nifty Spot: 25795 [ 26104 / 25718 ] Neutral
Previous week’s report ended with this ‘Nifty has formed a Neutral Extreme weekly profile to the upside with overlapping to higher Value at 25060-25190-25353 from where it left an extension handle at 25353 taking out the weekly VPOCs of 25333 & 25452 where it left another extension handle at 25472 and went on to make a high of 25781 before settling down around the upper HVN of 25672 which will be the opening reference for the coming week.'
20 Oct (Monday) - 25843 [ 25926 / 25788 ] Normal
21 Oct (Tuesday) - 25868 [ 25934 / 25825 ] Normal
22 Oct (Wednesday) - Holiday
23 Oct (Thursday) - 25891 [ 26104 / 25862 ] Neutral Extreme (Down)
24 Oct (Friday) - 25795 [ 25944 / 25718 ] Normal Variation (Down)
Nifty gave a rare follow thorugh to previous week's NeuX profile and went on to hit new ATH for the year 2025 at 26104 but left a Failed Auction (FA) there and promptly made a retracement down to the 2 ATR objective of 25732 leaving a well balanced Neutral profile for this week with completely higher Value at 25788-25849-25977
Click here to view this week’s MarketProfile of Nifty on Vtrender Charts
27 Oct (Monday) - 25966 [ 26006 / 25827 ] Normal ('p' shape)
28 Oct (Tuesday) - 25936 [ 26041 / 25810 ] Normal Variation (Down)
29 Oct (Wednesday) - 26053 [ 26097 / 25960 ] Normal Variation (Up)
30 Oct (Thursday) - 25877 [ 26032 / 25845 ] Normal Variation (Down)
Up |
|---|
25883 - M TPO h/b 25938 - 30 Oct Halfback 25975 - Sell Tail (30 Oct) 26006 - Weekly IBH 26042 - VPOC (29 Oct) 26090 - Nov RO (RollOver) |
Down |
|---|
25877 - Prev Close 25845 - PDL 25810 - Swing Low (28 Oct) 25773 - L TPO h/b (24 Oct) 25718 - Swing Low (24 Oct) 25672 - VPOC (17 Oct) |
BankNifty Spot: 57699 [ 58577 / 57482 ] Neutral Extreme (Down)
Previous week’s report ended with this 'BankNifty has also formed a Neutral Extreme weekly profile to the upside with overlapping to higher Value at 56230-56586-57005 with a Failed Auction (FA) at lows of 56230 plus an extension handle at 56893 taking out the weekly VPOCs of 57082 & 57422 after whcih it went on to make a high of 57830 before settled down to close at the upper HVN of 57726 which will be the opening reference for the coming week'
20 Oct (Monday) - 58033 [ 58261 / 57872 ] Normal
21 Oct (Tuesday) - 58007 [ 58155 / 57887 ] Normal
22 Oct (Wednesday) - Holiday
23 Oct (Thursday) - 58078 [ 58577 / 57951 ] Neutral Extreme (Down)
24 Oct (Friday) - 57699 [ 58232 / 57482 ] Normal Variation (Down)
BankNifty continued to soar higher in unchareted teritory making new ATH of 58577 on Thursday post Diwaili but saw profit booking by the buyers triggering a big retracement down to 57482 on Friday resulting in a Neutral Extreme weekly profile to the downside but with value being completely higher at 57726-58189-58322
Click here to view this week’s MarketProfile of BankNifty on Vtrender Charts
27 Oct (Monday) - 58114 [ 58224 / 57652 ] Normal ('p' shape)
28 Oct (Tuesday) - 58214 [ 58313 / 57770 ] Normal
29 Oct (Wednesday) - 58385 [ 58469 / 58087 ] Neutral Extreme (Up)
30 Oct (Thursday) - 58031 [ 58331 / 57999 ] Normal (spike)
Up |
|---|
58075 - Ext Handle (30 Oct) 58206 - POC (30 Oct) 58307 - Sell Tail (30 Oct) 58419 - M TPO High (29 Oct) 58527 - VPOC (23 Oct) 58699 - 1 ATR (58206) |
Down |
|---|
57999 - Spike Low (30 Oct) 57870 - K TPO low (28 Oct) 57713 - 1 ATR (58206) 57565 - K TPO low (25 Oct) 57482 - Swing Low (24 Oct) 57336 - Buy Tail (17 Oct) |
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