Market Profile Analysis dated 19th May 2022
Nifty May F: 15769 [ 15981 / 15740 ] NF opened with a huge 245 point gap down making an OH (Open=High) start at 15981 just below the 17th May Trend Day extension handle of 15985 and left an initiative selling tail in the IB (Initial Balance) to get back into the 3-day composite balance from […]
Market Profile Analysis dated 18th May 2022
Nifty May F: 16226 [ 16363 / 16167 ] NF continued the Trend Day’s imbalance with a higher open scaling above the 10th May VPOC of 16328 & continued higher to 16363 in the IB (Initial Balance) after which it remained in this narrow IB range of 113 points forming a balance till the F period […]
Market Profile Analysis dated 17th May 2022
Nifty May F: 16255 [ 16275 / 15885 ] NF opened higher and remained above the 3-day composite POC of 15853 forming a narrow 100 points range IB (Initial Balance) but left an important buying tail from 15915 to 15885 while making a high of 15985 where it left an extension handle in the C period […]
Market Profile Analysis dated 16th May 2022
Nifty May F: 15842 [ 15780 / 15752 ] NF opened higher negating the first of the previous session’s extension handle of 15827 but was swiftly rejected as it went back into the NeuX (Neutral Extreme) zone of 15827 to 15744 and tested the mini tail of 15756 to 15744. The auction then made a vertical […]
Market Profile Analysis dated 13th May 2022
Nifty May F: 15786 [ 16091 / 15744 ] NF opened with a gap up of 160 points and got accepted in previous day’s Selling Singles in the A period but probed lower in the B and left a typical C side extension down which was swiftly rejected resulting in a FA (Failed Auction) being confirmed […]
Weekly Charts (09th to 13th May 2022) and Market Profile Analysis
Nifty Spot Weekly Profile (09th to 13th May 2022) 15782 [ 16404 / 15735 ] Previous week’s report ended with this ‘The weekly profile as expected has given a move away from the 2-week balance & is a Neutral Extreme one to the downside with overlapping to lower Value at 16674-16998-17070 with a big zone of […]
Market Profile Analysis dated 12th May 2022
Nifty May F: 15811 [ 16039 / 15733 ] NF not only gave a gap down open of 158 points but confirmed an ORR (Open Rejection Reverse) start to the downside as it made a big drop of 182 points in the A period where it completed the Weekly 2 IB objective of 15888 while making […]
Market Profile Analysis dated 11th May 2022
Nifty May F: 16178 [ 16315 / 15993 ] NF gave yet another OAIR (Open Auction In Range) start right in the middle of the 2-day balance but got rejected right from yesterday’s NeuX VWAP of 16315 in the A period after which it left an extension handle at 16220 in the IB (Initial Balance) along […]
Market Profile Analysis dated 10th May 2022
Nifty May F: 16247 [ 16410 / 16209 ] NF made an OAIR (Open Auction In Range) start and remained in previous Value for the first half of the day before making multiple REs (Range Extension) to the upside in the F / G & H periods but could only manage similar highs of 16401 / […]
Market Profile Analysis dated 09th May 2022
Nifty May F: 16299 [ 16418 / 16153 ] NF opened with another gap down of 164 points as it tagged the 1 ATR objective of 16249 from last Friday’s FA of 16495 and continued to probe lower in the A period breaking below the 09th Mar HVN of 16210 and testing the PBL of 16175 […]