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 […]
Market Profile Analysis dated 20th October 2021
Nifty Oct F: 18317 [ 18467 / 18251 ] NF opened with a rejection from the yPOC of 18435 as it probed lower and hit that pending objective of 18353 which was the VPOC from 14th Oct while making a low of 18350 in the A period and gave a swfit bounce from here as it […]
Market Profile Analysis dated 19th October 2021
Nifty Oct F: 18432 [ 18594 / 18395 ] NF opened with a gap up of 84 points and almost tagged the 1.5 weekly objective of 18597 in the opening minutes where it made a high of 18594 but failed to find fresh demand which in turn led to a big liquidation move in the B […]
Market Profile Analysis dated 18th October 2021
Nifty Oct F: 18495 [ 18543 / 18436 ] NF continued the imbalance of the previous session’s spike close as it opened with a big gap up of more than 100 points but settled down into an OAOR (Open Auction Out of Range) as it remained in the IB (Initial Balance) range of 82 points for […]