Market Profile Analysis dated 27th May 2024
Nifty May F: 22981 [ 23177 / 22921 ] Open Type OAIR (Open Auction) Volumes of 14,774 contracts Poor Initial Balance 75 points (23065 – 22921) Volumes of 46,774 contracts Below average Day Type Neutral – 256 pts Volumes of 2,31,983 contracts Average NF continued the balance mode for the first couple of hours after making […]
Market Profile Analysis dated 24th May 2024
Nifty May F: 23019 [ 23090 / 22953 ] Open Type OA (Open Auction) Volumes of 17,345 contracts Poor Initial Balance 87 points (23040 – 22953) Volumes of 56,261 contracts Below average Day Type Normal Variation – 137 pts Volumes of 2,19,961 contracts Below average NF got back to balance mode with an Open Auction start […]
Weekly Spot Charts (20th to 24th May 2024) and Market Profile Analysis
Nifty Spot: 22957 [ 23026 / 22440 ] Monday – Holiday Tuesday – Nifty made an Open Auction start consolidation around previous week’s HVN of 22479 in the first half before leaving a SOC (Scene Of Crime) at 22485 & probed higher not only getting into the weekly selling tail from 22542 to 22588 (06-10 May) […]
Market Profile Analysis dated 23rd May 2024
Nifty May F: 23002 [ 23023 / 22650 ] Open Type OA (Open Auction) Volumes of 15,929 contracts Poor Initial Balance 94 points (22744 – 22650) Volumes of 57,163 contracts Below average Day Type Trend – 373 pts Volumes of 4,12,684 contracts Above average NF made a slow OAIR start but with an OL (Open=Low) at […]
Market Profile Analysis dated 22nd May 2024
Nifty May F: 22658 [ 22683 / 22548 ] Open Type OAIR (Open Auction) Volumes of 10,511 contracts Poor Initial Balance 95 points (22643 – 22548) Volumes of 43,970 contracts Below average Day Type Normal – 135 pts Volumes of 1,45,086 contracts Below average NF made an OAIR start testing the DD zone from previous session […]
Market Profile Analysis dated 21st May 2024
Nifty May F: 22590 [ 22677 / 22510 ] Open Type OA (Open Auction) Volumes of 30,136 contracts Average Initial Balance 60 points (22570 – 22510) Volumes of 47,978 contracts Below average Day Type Double Distribution – 167 pts Volumes of 1,85,970 contracts Below average NF made an OL (Open=Low) start right above previous POC of […]
Market Profile Analysis dated 17th May 2024
Nifty May F: 22497 [ 22546 / 22407 ] Open Type OAIR (Open Auction) Volumes of 22,798 contracts Below average Initial Balance 74 points (22481 – 22407) Volumes of 55,838 contracts Below average Day Type Normal Variation – 138 pts Volumes of 1,98,597 contracts Below average NF did not give a follow up to the NeuX […]
Weekly Spot Charts (13th to 17th May 2024) and Market Profile Analysis
Nifty Spot: 22466 [ 22502 / 21821 ] Monday – Nifty opened with a Test Drive lower from previous week’s POC of 22054 as it made new lows for the month leaving a big 239 point range Initial Balance which included an initiative selling tail from 22067 to 21897 along with a low of 21828. The […]
Market Profile Analysis dated 16th May 2024
Nifty May F: 22452 [ 22485 / 22154 ] Open Type ORR (Open Rejection Reverse) Volumes of 39,267 contracts Above average Initial Balance 78 points (22400 – 22322) Volumes of 81,936 contracts Above average Day Type Neutral Extreme – 331 pts Volumes of 5,54,977 contracts Above average NF opened higher tagging the VPOC of 22390 while […]
Market Profile Analysis dated 15th May 2024
Nifty May F: 22287 [ 22375 / 22211 ] Open Type OA (Open Auction) Volumes of 16,522 contracts Poor Initial Balance 142 points (22374 – 22233) Volumes of 72,643 contracts Above average Day Type Normal (‘b’ shape) – 164 pts Volumes of 2,17,207 contracts Below average NF made an OA start on poor volumes as it […]