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Nifty Spot: 26203 [ 26310 / 25843 ] Neutral Extreme (Up)
Previous week’s report ended with this ‘Nifty has formed another Neutral Extreme weekly profile to the upside with overlapping to higher Value at 25857-25969-26099 leaving yet another FA at lows of 25856 as it went on to make new highs for 2025 at 26246 but saw some profit booking by the buyers triggering a retracement back to 26052 into the close. The daily VPOC of 26018 will be the immediate support for the next week along with the HVN at 25950 whereas on the upside, the auction will need to get back above Friday's FA of 26179 for that pending move towards 26277 & 26366'
24 Nov (Monday) - 25959 [ 26142 / 25912 ] Neutral Extreme (Down)
25 Nov (Tuesday) - 25884 [ 26032 / 25857 ] Neutral Extreme (Down)
26 Nov (Wednesday) - 26205 [ 26215 / 25843 ] Normal Variation (Up)
27 Nov (Thursday) - 26215 [ 26310 / 26141 ] Neutral
28 Nov (Friday) - 26203 [ 26280 / 26172 ] Normal (Inside Day)
Nifty has formed yet another Neutral Extreme profile to the upside on the weekly after testing the earlier weekly FA of 25856 and taking support there resulting in a trending move higher and new ATH of 26310 with overlapping to higher Value at 26061-26205-26302 with a close right at the POC which will be the reference for the coming week.
Click here to view this week’s MarketProfile of Nifty on Vtrender Charts
01 Dec (Monday) - 26175 [ 26325 / 25912 ] Trend (Down)
02 Dec (Tuesday) - 26032 [ 26154 / 25997 ] Normal Variation (Down)
03 Dec (Wednesday) - 25986 [ 26066 / 25891 ] Normal ('b' shape)
04 Dec (Thursday) - 26033 [ 26098 / 25938 ] Normal Variation (Up)
Up |
|---|
26033 - Prev Close 26083 - D TPO h/b (04 Dec) 26124 - Ext Handle (Dec) 26174 - VPOC (01 Dec) 26225 - 01 Dec Halfback 26263 - Ext Handle (01 Dec) |
Down |
|---|
26025 - POC (04 Dec) 25977 - VAL (04 Dec) 25929 - VPOC (03 Dec) 25886 - M TPO high (25 Nov) 25840 - 14 Nov Halfback 25790 - VPOC (14 Nov) |
BankNifty Spot: 59752 [ 59897 / 58649 ] Neutral Extreme (Up)
Previous week’s report ended with this 'BankNifty formed a Normal Variation profile to the upside with completed higher Value at 58784-58936-59115 which is a well balanced zone so will need to look out for confirmation of an initiative move away from here in the coming week'
24 Nov (Monday) - 58835 [ 59310 / 58649 ] Neutral Extreme (Down)
25 Nov (Tuesday) - 58820 [ 59166 / 58746 ] Normal Variation (Up)
26 Nov (Wednesday) - 59528 [ 59555 / 58783 ] Normal
27 Nov (Thursday) - 59737 [ 59866 / 59523 ] Neutral Centre
28 Nov (Friday) - 59752 [ 59897 / 59599 ] Normal Variation (Up)
BankNifty also formed a Neutral Extreme profile to the upside after testing previous week's value thoroughly for the first 2 days as it tested the buying tail and gave a move away to the upside forming higher Value at 59112-59743-59894 with a close around the prominent POC of 59743 which will be the reference as we enter a new week
Click here to view this week’s MarketProfile of BankNifty on Vtrender Charts
01 Dec (Monday) - 59681 [ 60114 / 59527 ] Neutral Extreme (Down)
02 Dec (Tuesday) - 59273 [ 59656 / 59252 ] Neutral Extreme (Down)
03 Dec (Wednesday) - 59348 [ 59414 / 58925 ] Neutral
04 Dec (Thursday) - 59288 [ 59548 / 59062 ] Neutral
Up |
|---|
59340 - E TPO h/b (04 Dec) 59465 - D TPO h/b (04 Dec) 59586 - PBH (02 Dec) 59697 - VPOC (01 Dec) 59821 - 01 Dec Halfback 59998 - SOC (01 Dec) |
Down |
|---|
59251 - M TPO low (04 Dec) 59079 - Buy tail (04 Dec) 58987 - VAL (03 Dec) 58870 - 3-day POC (21-25 Nov) 58739 - Tail mid (24 Nov) 58615 - Ext Handle (Nov) |
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