Market Profile Analysis dated 19th November
Nifty Nov F: 11969 [ 11988/ 11901 ] HVNs – 11667 / 11760 / 11814 / 11876 / (11901-920) / 11970 NF opened around the yPOC of 11920 and probed lower to check for sellers but took support at the important level of 11901 which was defended yesterday also as it left a very narrow range […]
Market Profile Analysis dated 18th November
Nifty Nov F: 11921 [ 11958 / 11890 ] HVNs – 11667 / 11760 / 11814 / 11901 / 11920 / 11980 NF seemed to give a move away from the yPOC of 11937 to the downside at open in spite of an OAIR (Open Auction In Range) start as it negated the Friday’s buying tail […]
Market Profile Analysis dated 15th November
Nifty Nov F: 11943 [ 12009/ 11913 ] HVNs – 11667 / 11760 / 11814 / 11901 / 11935 / 11980 Previous day’s report ended with this ‘the auction is not finding aggressive sellers after moving lower from the 5-day composite hence can attempt a move back into the higher composite Value of 11933-11979-12009‘ NF opened […]
Weekly charts (11th to 15th November) and Market Profile Analysis
Nifty Spot Weekly Profile (11th to 15th November) Spot Weekly 11895 [ 11974 / 11802 ] Nifty did not give that big move away from previous week’s Gaussian profile as was expected in previous week’s report though it stayed below previous week’s POC of 11968 and also got accepted below 11880 as the downside probe […]
Market Profile Analysis dated 14th November
Nifty Nov F: 11863 [ 11957/ 11846 ] HVNs – 11667 / 11814 / 11860 / 11905 / 11980 / 12003 NF gave a Open Rejection Reverse (ORR) start to the downside as it got rejected on a probe above the spike high leaving a high of 11887 just below that extension handle of 11897 indicating […]
Market Profile Analysis dated 13th November
Nifty Nov F: 11863 [ 11957/ 11846 ] HVNs – 11667 / 11814 / 11860 / 11905 / 11980 / 12003 NF opened below the Neutral Extreme low of 11932 but took support just above the yPOC of 11904 as it made a low of 11908 in the opening minutes and probed higher entering into the […]
Market Profile Analysis dated 11th November
Nifty Nov F: 11944 [ 11968/ 11866 ] HVNs – 11667 / 11814 / 11860 / 11900 / 11945 / 11980 / 12003 NF got a rare follow up after a Neutral Extreme profile as it opened below PDL (Previous Day Low) and probed lower as it briefly broke below the previous week’s low of 11885 […]
Market Profile Analysis dated 8th November
Nifty Nov F: 11945 [ 12069/ 11885 ] HVNs – 11667 / 11814 / 11860 / 11905 / 11980 / 12003 NF ended the week with back to back Neutral Extreme profiles and Friday was a Neutral Extreme Down Day which was also an outside bar as the auction moved back into the 5 day composite […]
Weekly charts (4th to 8th November) and Market Profile Analysis
Nifty Spot Weekly Profile (4th to 8th November) Spot Weekly 11908 [ 12034 / 11850 ] Nifty made the joint second lowest (5-day) weekly range of just 184 points for the year 2019 forming a nice Gaussian Neutral profile with mostly higher Value at 11916 -11968 -12000 as it was was unable to extend the […]
Market Profile Analysis dated 7th November
Nifty Nov F: 12048 [ 12058/ 11972 ] HVNs – 11667 / 11814 / 11860 / 11905 / 11958 / 12004 / 12034 NF opened in the upper distribution of the previous day’s profile and made an attempt to probe higher but could not get above PDH because of lack of demand and this triggered a […]