Market Profile Analysis dated 01st June 2020
Nifty Jun F: 9791 [ 9911 / 9640 ] HVNs – 9093 / 9275 / 9433 / 9785 NF opened with a big gap up of 166 points and drove higher on good volumes as it tagged 9800 in the IB and had left a nice 116 point buying tail from 9756 to 9640 which […]
Market Profile Analysis dated 29th May 2020
Nifty Jun F: 9494 [ 9509 / 9361 ] HVNs – 9093 / 9275 / 9433 NF started the day continuing to form a balance in previous day’s Value before giving multiple REs (Range Extension) higher to complete the 2 IB objective as it made highs of 9509 before closing the day at 9494. Value […]
Weekly charts (26th to 29th May 2020) and Market Profile Analysis
Nifty Spot Weekly Profile (26th to 29th May 2020) Spot Weekly – 9580 [ 9599 / 8996 ] Nifty opened higher this week but once again got rejected from the 9160-9180 zone as it made a high of 9161 on Tuesday and probed lower all day getting into the previous week’s Value but ended up […]
Monthly (May 2020) charts and Market Profile analysis
Nifty Spot – 9580 [ 9599 / 8806 ] Monthly Profile (May 2020) Previous month’s report ended with this ‘The tail at lows for the month is from 8198 to 8055 above which there is an extension handle at 8588 right near previous month’s POC which would be an important reference in the coming month(s). […]
Market Profile Analysis dated 28th May 2020
Nifty Jun F: 9428 [ 9449 / 9299 ] HVNs – 9093 / 9275 / 9433 NF continued the imbalance of previous day at the open but then settled down to form a ‘p’ shape profile with a prominent POC at 9424 so would need fresh volumes above this to continue the probe higher. The […]
Market Profile Analysis dated 27th May 2020
Nifty May F: 9309 [ 9341 / 8988 ] HVNs – (8964) / 9078 / 9212 / 9320 NF opened higher but was also an OH (Open=High) start at 9079 after which it probed lower as it seemed to move away from the 4-day composite with a close at lows of 8988 in the A […]
Market Profile Analysis dated 26th May 2020
Nifty May F: 9034 [ 9162 / 8976 ] HVNs – (8964) / 9078 / 9212 / 9320 NF opened higher but once again stalled near the zone of 9170-80 in the IB (Initial Balance) where it made a very narrow range of just 53 points playing out a typical OAOR characteristic but saw a […]
Market Profile Analysis dated 22nd May 2020
Nifty May F: 9028 [ 9123 / 8940 ] HVNs – (8964) / 9078 / 9212 / 9320 Report to be updated… The NF Open was a Open Rejection Reverse (Up) (ORR) which failed The day type was a Normal Variation Day – Down (‘b’ shape profile) Largest volume was traded at 8980 F Vwap of […]
Weekly charts (18th to 22nd May 2020) and Market Profile Analysis
Nifty Spot Weekly Profile (18th to 22nd May 2020) Spot Weekly – 9039 [ 9178 / 8806 ] Previous week’s report ended with this ‘This week’s Value was at 9045-9090-9345 and as mentioned at the start, we have a nice 4-week composite in Nifty with Value at 9145-9316-9427 and the close below the VAL along […]
Market Profile Analysis dated 21st May 2020
Nifty May F: 9075 [ 9169 / 9046 ] HVNs – (8884) / (8965) / (9111) / (9180) / 9210 / 9306 / (9400) As mentioned in previous day’s report, NF continued the imbalance at open today as it got above PDH & scaled higher in the initiative selling tail of Monday but on lower […]