Market Profile Analysis dated 26th June
Nifty Jun F: Yesterday’s report ended with this line ‘The zone of 11770-740 will act as important support for this week’s expiry’ and today NF opened lower testing this zone as it made a low of 11767 and probed higher in the ‘A’ period as it made new highs for the week at 11840. The […]
Market Profile Analysis dated 25th June
Nifty Jun F: NF opened lower making a weak start breaking below PDL (Previous Day Low) in the ‘A’ period itself as it tagged 11666 but could not sustain these new lows and got back into previous day’s range indicating an ORR (Open Rejection Reverse) start which got more confirmation as the ‘B’ period made […]
Market Profile Analysis dated 24th June
Nifty Jun F: NF opened in previous Value & probed higher but got rejected around previous day’s VWAP after which it gave a swift move lower and went on to break PDL (Previous Day Low) making a low of 11693 inside the Initial Balance itself giving a relatively IB large range of 89 points. (Click […]
Market Profile Analysis dated 21st June
Nifty Jun F: NF opened in the spike close (11807 to 11863) of yesterday but could not probe above PDH and as happens most of the times after a Trend Day, the auction consolidated making an inside bar on the daily with Value also contracting & staying inside the previous day’s Value. (Click here to […]
Weekly charts (17th June to 21st June) and Market Profile Analysis
Nifty Spot Weekly Profile (17th June to 21st June) Nifty opened this week with a OH (Open=High) at exactly the previous week’s VAL (Value Area Low) of 11844 indicating that the PLR is still to the downside after the weekly FA of 12000 got confirmed last week. The auction tagged the 1 ATR move down […]
Market Profile Analysis dated 20th June
Nifty Jun F: NF made a high of 11730 along with a freak low of 11670 in the opening minute which it tested again as it made a new low of 11668 to check for volumes there and what seemed like a Open Drive Down in the first 15 minutes settled into an OAIR (Open […]
Market Profile Analysis dated 19th June
Nifty Jun F: NF opened with a gap up and drove higher getting into the the selling tail of 17th June (11780 to 11838) as it made a high of 11815 in the ‘A’ period but did not see any follow through in the next 2 periods as the ‘C’ period made a double inside […]
Market Profile Analysis dated 18th June
Nifty Jun F: NF gave a hat-trick of OTD (Open Test Drive) down again on lower volumes as it opened at the HVN of 11700 and made a probe higher getting rejected from just below the yPOC of 11736 and went on to break below PDL (Previous Day Low) as it tagged 11678 in the […]
Market Profile Analysis dated 17th June
Nifty Jun F: NF gave a second consecutive OTD (Open Test Drive) down on low volumes as it opened in Friday’s spike but got rejected from the HVN of 11830 to leave a selling tail from 11830 to 11777 in the IB (Initial Balance). (Click here to view the profile chart for better understanding) The […]
Market Profile Analysis dated 14th June
Nifty Jun F: Yet again, there was no follow up to a Neutral Extreme profile as for the second consecutive day, NF moved away from the previous day’s HVN at open leaving a second VPOC at 11922 in 2 days after the earlier one of 11979 it left on Wednesday. The auction left singles in […]