Market Profile Analysis dated 15th February 2021

Nifty Feb F:  15332 [ 15357 / 15240 ] NF made a gap up open of 88 points & stayed above previous week’s high of 15236 as it formed a narrow range ‘p’ shape profile for most part of the day before closing in a spike from 15326 to 15357 away from the day’s prominent […]

Market Profile Analysis dated 12th February 2021

Nifty Feb F:  15161 [ 15236 / 15071 ] NF made an Open Auction start as it stayed above previous Value but could not sustain above PDH (Previous Day High) in the A period after which it left small tails at both ends at the completion of the IB (Initial Balance). The auction then got […]

Weekly Charts (08th to 12th February 2021) and Market Profile Analysis

Nifty Spot Weekly Profile (08th to 12th Feb 2021) Spot Weekly – 15163 [ 15257 / 14977 ] Previous week’s report ended with this ‘The weekly profile was a trending one to the upside with Value also completely higher at 14500-14810-14990 but would need to get fresh volumes above 14928 and form Value above 14990 […]

Market Profile Analysis dated 11th February 2021

Nifty Feb F:  15185 [ 15202 / 15075] NF opened lower right at the previous day’s prominent POC of 15087 and took support at yVWAP as it made a low of 15075 after which it made an initiative move on the upside leaving a long buying tail in the IB from 15135 to 15075 as […]

Market Profile Analysis dated 10th February 2021

Nifty Feb F:  15119 [ 15170 / 14984 ] Neutral Extreme days are known not to give any follow up at the next open and today was no different as NF made an OL (Open=Low) start at 15105 and probed higher in the ‘A’ period as it made a high of 15170 stalling just below […]

Market Profile Analysis dated 09th February 2021

Nifty Feb F:  15106 [ 15266 / 15062 ] NF opened with a small gap up and stayed above the yPOC of 15128 in the IB (Initial Balance) indicating that the PLR (Path of Least Resistance) was on the upside as it continued to probe higher leaving an extension handle at 15188 in the C […]

Market Profile Analysis dated 08th February 2021

Nifty Feb F:  15126 [ 15167 / 15031 ] NF opened with a big gap up of 137 points but settled down into an OAOR (Open Auction Out of Range) even as it left a buying tail in the IB which led to a succesful C side extension higher as it hit 15147. However, the […]

Market Profile Analysis dated 05th February 2021

Nifty Feb F:  14930 [ 15008 / 14866 ] NF opened with a gap up and completed the 1 ATR objective of 14998 from the FA of 14731 as it made new highs for the series at 15008 in the A period but saw good profit booking coming in around 14980 which led to a […]

Weekly Charts (01st to 05th February 2021) and Market Profile Analysis

Nifty Spot Weekly Profile (01st to 05th February 2021) Spot Weekly – 14924 [ 15014 / 13661 ] Nifty opened in previous week’s spike zone of 13597 to 13728 taking support at 13662 which was an indication that the spike was getting rejected as it got back into previous week’s Value and made multiple REs […]

Market Profile Analysis dated 04th February 2021

Nifty Feb F:  14895 [ 14938 / 14731 ] NF opened lower negating the extension handle of 14779 and got stalled right at the yPOC of 14820 in the probe higher after which it formed a relatively narrow IB range of 76 points filling up the low volume zone of previous day’s ‘p’ shape profile […]