Market Profile Analysis dated 29th October 2021
Nifty Nov F: 17715 [ 17944 / 17659 ] NF continued the imbalance lower at open as it made a low of 17676 stopping just above the initiative buying tail from 4th Oct from where it gave a big bounce over the next 4 periods as it stalled right at previous day’s extension handle of 17941 […]
Weekly Charts (25th to 29th Oct 2021) and Market Profile Analysis
Nifty Spot Weekly Profile (25th to 29th Oct 2021) 17671 [ 18342 / 17613 ] Previous week’s report ended with this ‘The weekly profile is a Neutral Extreme Down One also looking like a Triple Distribution Trend Down though Value was completely higher at 18219-18501-18591 with a close way below the value which means that the […]
Monthly charts (October 2021) and Market Profile Analysis
Nifty Spot – 17671 [ 18604 / 17452 ] Monthly Profile (October 2021) Previous month’s report ended with this ‘The monthly profile started with similar lows in the opening week & ended with poor highs in the closing week with Value being completely higher at 17276-17365-17766 along with a close right in the middle of the Value Nifty […]
Market Profile Analysis dated 28th October 2021
Nifty Nov F: 17913 [ 18234 / 17860 ] NF gave a rare follow up to a Neutral Extreme profile with an Open Drive Down start to the downside forming a relatively large IB (Initial Balance) range of 134 points consisting of a big initiative selling tail from 18144 to 18234. The auction then trended lower […]
Market Profile Analysis dated 27th October 2021
Nifty Oct F: 18215 [ 18350 / 18181 ] NF yet again did not give any follow up to a Neutral Extreme Close of the previous day as it made an OAIR (Open Auction In Range) start in the spike zone taking support just above the yPOC of 18257 in the A period and formed a […]
Market Profile Analysis dated 26th October 2021
Nifty Oct F: 18314 [ 18350 / 18108 ] NF opened the day with a move away from the composite POC of 18164 to the upside as it scaled above PDH (Previous Day High) in the A period and went on to test the 22nd Oct SOC (Scene Of Crime) of 18266 in the B TPO […]
Market Profile Analysis dated 25th October 2021
Nifty Oct F: 18145 [ 18234 / 17986 ] NF repeated the script it was playing out from the last 2 sessions as it opened higher but met with aggressive selling just below the 2-day composite VAH of 18229 and swiped through the Value Area in the A period completing the 80% Rule while it made […]
Market Profile Analysis dated 22nd October 2021
Nifty Oct F: 18144 [ 18319 / 18051 ] NF opened higher and went on to test previous session’s selling singles of 18309 to 18366 and got rejected from 18319 to confirm presence of supply and gave a trending move lower for most part of the day replicating what it did the day before as it […]
Weekly Charts (18th to 22nd Oct 2021) and Market Profile Analysis
Nifty Spot Weekly Profile (18th to 22nd Oct 2021) 18115 [ 18604 / 18034 ] Previous week’s report ended with this ‘The weekly profile looks like a Triple Distribution Trend Up one with completely higher Value at 17841-17931-18138 and has left a weekly VPOC at 17694 along with couple of daily VPOCs at 17928 & 18139 […]
Market Profile Analysis dated 21st October 2021
Nifty Oct F: 18203 [ 18366 / 18077 ] NF opened slightly higher but gave an OTD (Open Test Drive) Down as it got rejected from the yPOC of 18361 and gave a trending move lower for most part of the day with the help of couple of extension handles at 18269 & 18253 along with […]