Monthly charts (June 2021) and Market Profile Analysis
Nifty Spot – 15721 [ 15915 / 15450 ] Monthly Profile (June 2021) Previous month’s report ended with this ‘The Monthly profile is a Trend Up one with overlapping to higher Value at 14990-15094-15176 along with an extension handle at 15330 and it remains to be seen how far this imbalance on the higher time frame plays out […]
Market Profile Analysis dated 01st July 2021
Nifty Jul F: 15711 [ 15775 / 15696 ] NF opened in the NeuX zone of 15737 to 15770 and got rejected at 15775 in the attempt to probe higher after which it left a small selling tail from 15758 to 15775 and formed a narrow IB (Initial Balance) range of just 55 points taking […]
Market Profile Analysis dated 30th June 2021
Nifty Jul F: 15752 [ 15876 / 15737 ] NF made a slightly higher open staying above yesterday’s prominent POC of 15791 as it made new highs of 15848 in the ‘B’ period and continued to probe higher making a succesful C side extension where it tagged Monday’s VPOC of 15863 and made marginal new […]
Market Profile Analysis dated 29th June 2021
Nifty Jul F: 15785 [ 15860 / 15759 ] NF made an OAIR (Open Auction In Range) start but got rejected from just below the prominent yPOC of 15863 as it made a high of 15860 in the ‘A’ period and probed lower hitting a low of 15778 in the ‘B’ period and then made […]
Market Profile Analysis dated 28th June 2021
Nifty Jul F: 15855 [ 15930 / 15825 ] NF opened higher but could not take out the higher VPOC of 15932 (15th June) as it left an initiative selling tail in the IB (Initial Balance) from 15905 to 15930 and got back into the 4-day composite Value filling up the upper part while forming […]
Weekly Charts (21st to 25th Jun 2021) and Market Profile Analysis
Nifty Spot Weekly Profile (21st to 25th Jun 2021) 15860 [ 15896 / 15505 ] Previous week’s report ended with this ‘The weekly profile is a Neutral Centre one with the range as well as Value extending on both sides forming an outside bar with almost overlapping POC at 15717 with Value at 15609-15717-15825. The daily […]
Market Profile Analysis dated 25th June 2021
Nifty Jul F: 15888 [ 15900 / 15802 ] NF opened above previous Value and made a look up above PDH (Previous Day High) as it hit 15875 but could not sustain leading to a liquidation move of the late longs resulting in a low of 15802 in the ‘B’ period. The auction then made […]
Market Profile Analysis dated 24th June 2021
Nifty Jul F: 15832 [ 15860 / 15736 ] NF opened higher above yesterday’s HVN of 15744 rejecting the weak close and got back into previous Value as it left an initiative buying tail in the IB (Initial Balance) from 15768 to 15736 forming a narrow 63 point range. The auction the made similar highs […]
Market Profile Analysis dated 23rd June 2021
Nifty Jun F: 15696 [ 15835 / 15677 ] NF opened right at the top of the Neutral Extreme zone of 15751 to 15792 and probed higher but got rejected from yesterday’s VWAP of 15828 and left a small selling tail in the IB (Initial Balance) after which it made a big C side extension […]
Market Profile Analysis dated 22nd June 2021
Nifty Jun F: 15773 [ 15876 / 15751 ] NF continued previous day’s imbalance to the upside with a gap up open as it swiped through the Value of 16th June in the ‘A’ period after which it left a relatively narrow IB (Initial Balance) range of 64 points while making a high of 15864 […]