Market Profile Analysis dated 07th April 2022
Nifty Apr F: 17730 [ 17866 / 17693 ] NF opened lower by 99 points as it tested Monday’s freak low of 17765 while making a low of 17752 in the A period and settled down into yet another OAOR (Open Auction Out of Range) as it made a very narrow IB range of just 50 […]
Market Profile Analysis dated 06th April 2022
Nifty Apr F: 17867 [ 17965 / 17837 ] NF opened with a gap down of 121 points giving a follow up to yesterday’s NeuX profile & completing the 1 ATR objective of 17937 from the FA of 18171 as it made a low of 17863 forming a narrow 84 point range IB (Initial Balance). The […]
Market Profile Analysis dated 05th April 2022
Nifty Apr F: 18017 [ 18171 / 17990 ] NF opened above PDH (Previous Day High) but could not sustain turning into an Open Auction (OA) as it got back into previous Value and broke below the yPOC of 18096 and went on to make a low of 18031 in the IB (Initial Balance). The auction […]
Market Profile Analysis dated 04th April 2022
Nifty Apr F: 18098 [ 18121 / 17798 ] NF continued the Trend Day imbalance of previous session with a gap up open along with a Drive higher in the IB (Initial Balance) where it tagged 18112 leaving a very large range of 314 points and formed a balance for the rest of the day with […]
Weekly Charts (28th Mar to 01st Apr 2022) and Market Profile Analysis
Nifty Spot Weekly Profile (28th Mar to 01st Apr 2022) 17670 [ 17704 / 17004 ] Previous week’s report ended with this ‘This week saw dual way action and as expected, Nifty has has formed a balance right in previous week’s low volume zone of 16872 to 17299 and the Value of this week’s Neutral Profile […]
Market Profile Analysis dated 01st April 2022
Nifty Apr F: 17713 [ 17740 / 17476 ] NF opened lower & even made a freak tick of 17423 but was swiftly rejected back into previous day’s range confirming an ORR (Open Rejection Reverse) start as the auction not only completed the 80% Rule in the 2-day composite Value of 17529-17542-17577 but went on to […]
Monthly charts (March 2022) and Market Profile Analysis
Nifty Spot – 17464 [ 17560 / 15671 ] Monthly Profile (March 2022) Previous month’s report ended with this ‘The Monthly profile is a Trending one to the downside with a big range of 1591 points with an extension handle at 17674 & overlapping to lower Value at 16891-17409-17619 with 16815 being the immediate reference on the upside […]
Market Profile Analysis dated 31st March 2022
Nifty Apr F: 17544 [ 17610 / 17502 ] NF made an OL (Open=Low) right at yVAL of 17529 and probed higher hitting new highs for the week at 17610 but left similar highs in the IB (Initial Balance) indicating exhaustion in the upmove after which it made a slow move lower for the rest of […]
Market Profile Analysis dated 30th March 2022
Nifty Mar F: 17515 [ 17540 / 17425 ] NF for the second consecutive day gave a follow up to a NeuX profile with a gap up of more than 100 points as it made an almost OH (Open=High) start at 17502 which was also the Weekly 2 IB objective and probed lower and made a […]
Weekly Charts (21st to 25th Mar 2022) and Market Profile Analysis
Nifty Spot Weekly Profile (21st to 25th Mar 2022) 17153 [ 17442 / 17006 ] Previous week’s report ended with this ‘The weekly profile is once again a Neutral Extreme one with overlapping to higher Value at 16644-16872-16932 and has a prominent POC at 16872 which will be the reference on the downside for the week(s) […]