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Nifty Spot: 26328 (26340 / 25878) - Neutral Extreme (Up)
Previous week’s report ended with this ‘Nifty formed a narrow range Neutral profile for the week with completely higher Value at 26119-26140-26213 and has closed below Value so can go for a test of the magnet at 25882 on the downside if stays below 26024 in the coming week'
29 Dec (Monday) - 25942 (26106 / 25920) Trend (Down)
30 Dec (Tuesday) - 25938 [ 25976 / 25878 ] Normal
31 Dec (Wednesday) - 26129 [ 26188 / 25969 ] Trend (Up)
01 Jan (Thursday) - 26146 [ 26197 / 26113 ] Normal Variation (Down)
02 Jan (Friday) - 26328 [ 26340 / 26118 ] Normal Variation (Up)
Nifty opened weak and continued the downside probe hitting that expected magnet of 25882 but left similar lows indicating support after which it went on to reverse the probe to the upside leavving a Neutral Extreme weekly profile to the upside with completely overlapping Value at 25935-26160-26216 with an extension handle at 26197
05 Jan (Monday) - 26250 (26373 / 26210) Neutral Extreme (Down)
06 Jan (Tuesday) - 26178 [ 26274 / 26124 ] Normal
07 Jan (Wednesday) - 26140 [ 26187 / 26067 ] Neutral Centre
08 Jan (Thursday) - 25876 [ 26133 / 25858 ] Trend (Down)
Click here to view this week’s MarketProfile of Nifty on Vtrender Charts
Up |
|---|
25884 - Spike (08 Jan) 25923 - POC (08 Jan) 25961 - Ext Handle (08 Jan) 26000 - Ext Handle (08 Jan) 26047 - Ext Handle (08 Jan) 26099 - Sell Tail (08 Jan) |
Down |
|---|
25852 - VPOC (18 Dec) 25814 - 18 Dec Halfback 25770 - PBL (18 Dec) 25734 - Tail mid (18 Dec) 25693 - Swing Low (11 Dec) 25653 - Weekly IBH (10-14 Nov) |
BankNifty Spot: 60151 [ 60203 / 58737 ] Neutral Extreme (Up)
Previous week’s report ended with this 'BankNifty formed a Neutral Extreme weekly profile to the downside with a weekly FA at 59478 with mostly higher Value at 59168-59302-59416 with a close below Value'
29 Dec (Monday) - 58932 [ 59140 / 58809 ] Normal Variation (Down)
30 Dec (Tuesday) - 59171 [ 59272 / 58737 ] Normal Variation (Up)
31 Dec (Wednesday) - 59581 [ 59766 / 59187 ] Trend (Up)
01 Jan (Thursday) - 59711 [ 59743 / 59569 ] Normal (Inside Bar)
02 Jan (Friday) - 60151 [ 60203 / 59738 ] Normal Variation (Up)
BankNifty also formed a Neutral Extreme profile to the upside leaving a weekly FA at lows of 58737 and going on to hit new ATH of 60203 into the close forming completely overlapping value at 58889-59692-59766 with an extension handle right at VAH
05 Jan (Monday) - 60044 [ 60437 / 59859 ] Normal Variation (Down)
06 Jan (Tuesday) - 60118 [ 60305 / 59844 ] Normal
07 Jan (Wednesday) - 59990 [ 60065 / 59760 ] Neutral
08 Jan (Thursday) - 59686 [ 60112 / 59564 ] Normal Variation (Down)
Click here to view this week’s MarketProfile of BankNifty on Vtrender Charts
Up |
|---|
59692 - M TPO high 59827 - PBH (08 Jan) 59945 - 2-day POC (07-08 Jan) 60027 - 2-day VAH (07-08 Jan) 60114 - 2025 VAH 60215 - VPOC (05-06 Jan) |
Down |
|---|
59678 - POC (08 Jan) 59569 - Tail (Jan) 59476 - 31 Dec Halfback 59354 - SOC (31 Dec) 59257 - Dec VWAP 59135 - Ext Handle (30 Dec) |
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