Market Profile Analysis dated 07th June 2021
Nifty Jun F: 15785 [ 15808 / 15706 ] NF opened higher but could not sustain above the FA point of 15756 triggering a probe lower in the ‘A’ period where it took support right above the yPOC of 15704 indicating that the PLR (Path of Least Resistance) was to the upside. The auction then […]
Market Profile Analysis dated 04th June 2021
Nifty Jun F: 15701 [ 15756 / 15654 ] NF continued the previous day’s Neutral Extreme probe higher at open as it tagged 15750 in the IB (Initial Balance) but the dreaded C side extension got some laggard buyers stuck resulting in a FA being confirmed at 15756 as the auction probed lower for most […]
Weekly Charts (31st May to 04th Jun 2021) and Market Profile Analysis
Nifty Spot Weekly Profile (31st May to 04th Jun 2021) 15670 [ 15733 / 15374 ] Previous week’s report ended with this ‘The weekly profile is a trending one to the upside with higher opening on all 5 days as well as higher highs & lows allbeit in a relatively narrow range of 324 points as […]
Market Profile Analysis dated 03rd June 2021
Nifty Jun F: 15712 [ 15720 / 15635 ] NF opened higher well above the Neutral Extreme zone of 15588 to 15632 completing the 1 ATR target of 15648 from the FA of 15502 but settled down into an OAOR (Open Auction Out of Range) forming one of the narrowest IB (Initial Balance) range of […]
Market Profile Analysis dated 02nd June 2021
Nifty Jun F: 15617 [ 15632 / 15502 ] NF opened lower and moved away from previous value with the help of an initiative selling tail in the IB (Initial Balance) where it made a low of 15516 but could not extend further even till the ‘G’ period which meant that the seller was doing […]
Market Profile Analysis dated 01st June 2021
Nifty Jun F: 15618 [ 15660 / 15546 ] NF made yet another higher open and took support right at PDH (Previous Day High) of 15600 as it probed higher in the A period to hit new highs of 15660 but could not extend any further settling down into a typical OAOR narrow range of […]
Market Profile Analysis dated 31st May 2021
Nifty Jun F: 15583 [ 15600 / 15410 ] NF opened right at the prominent POC of 15464 and probed lower in seach of fresh demand as it broke below previous low & FA of 15420 but got swiftly rejected from 15410 reversing the probe to the upside as it not only left a long […]
Market Profile Analysis dated 28th May 2021
Nifty Jun F: 15464 [ 15500 / 15420 ] NF opened higher continuing previous session’s closing move with an OL (Open=Low) start at 15435 and went on to record new highs for the week at 15492 in the A period but settled down into an OAOR (Open Auction Out Of Range) as it remained in […]
Weekly Charts (24th to 28th May 2021) and Market Profile Analysis
Nifty Spot Weekly Profile (24th to 28th May 2021) 15435 [ 15469 / 15145 ] Previous week’s report ended with this ‘The weekly profile represents a composite ‘p’ shape with completely higher Value at 14990-15090-15130 and a small spike close from 15137 to 15190 which would be the zone to watch at open for the next […]
Market Profile Analysis dated 27th May 2021
Nifty Jun F: 15387 [ 15411 / 15304 ] NF opened lower but took support above the buying extension handle of 15290 as it made a low of 15304 in the ‘A’ period and completed the 80% Rule in previous Value forming a narrow range of just 55 points till the ‘C’ period. The auction […]