Market Profile Analysis dated 05th June 2020
Nifty Jun F: 10145 [ 10184 / 10040 ] HVNs – 9093 / 9275 / 9433 / 9785 / 9868 / 10020 / 10100 Previous day’s report ended with this ‘The auction once again formed a prominent POC at 10020 & closed around it so would be interesting to see if it gives a move […]
Weekly charts (01st to 05th June 2020) and Market Profile Analysis
Nifty Spot Weekly Profile (01st to 05th June 2020) Spot Weekly – 10142 [ 10178 / 9706 ] Previous week’s report ended with this ‘The weekly profile resembles a Double Distribution (DD) Trend Up one with completely higher & expanding Value at 9126-9462-9597 but will need to find new volumes above 9604 which is the […]
Market Profile Analysis dated 04th June 2020
Nifty Jun F: 10017 [ 10110 / 9933 ] HVNs – 9093 / 9275 / 9433 / 9785 / 9868 / 10020 / 10100 Previous day’s report ended with this ‘Value for the day was higher but the excess at top could mean that the upside probe which started last week has ended and NF […]
Market Profile Analysis dated 03rd June 2020
Nifty Jun F: 10072 [ 10193 / 10036 ] HVNs – 9093 / 9275 / 9433 / 9785 / 9868 / 10100 NF continued the previous day’s imbalance close in form of a big gap up of 118 points and played out a typical OAOR (Open Auction Out of Range) day forming a nice balance […]
Market Profile Analysis dated 02nd June 2020
Nifty Jun F: 9963 [ 9988 / 9780 ] HVNs – 9093 / 9275 / 9433 / 9785 / 9868 NF opened higher after which it came back lower to test yesterday’s prominent POC of 9785 where it got rejected leaving a small tail from 9792 t0 9780 which confirmed that the PLR was still […]
Market Profile Analysis dated 01st June 2020
Nifty Jun F: 9791 [ 9911 / 9640 ] HVNs – 9093 / 9275 / 9433 / 9785 NF opened with a big gap up of 166 points and drove higher on good volumes as it tagged 9800 in the IB and had left a nice 116 point buying tail from 9756 to 9640 which […]
Market Profile Analysis dated 29th May 2020
Nifty Jun F: 9494 [ 9509 / 9361 ] HVNs – 9093 / 9275 / 9433 NF started the day continuing to form a balance in previous day’s Value before giving multiple REs (Range Extension) higher to complete the 2 IB objective as it made highs of 9509 before closing the day at 9494. Value […]
Weekly charts (26th to 29th May 2020) and Market Profile Analysis
Nifty Spot Weekly Profile (26th to 29th May 2020) Spot Weekly – 9580 [ 9599 / 8996 ] Nifty opened higher this week but once again got rejected from the 9160-9180 zone as it made a high of 9161 on Tuesday and probed lower all day getting into the previous week’s Value but ended up […]
Monthly (May 2020) charts and Market Profile analysis
Nifty Spot – 9580 [ 9599 / 8806 ] Monthly Profile (May 2020) Previous month’s report ended with this ‘The tail at lows for the month is from 8198 to 8055 above which there is an extension handle at 8588 right near previous month’s POC which would be an important reference in the coming month(s). […]
Market Profile Analysis dated 28th May 2020
Nifty Jun F: 9428 [ 9449 / 9299 ] HVNs – 9093 / 9275 / 9433 NF continued the imbalance of previous day at the open but then settled down to form a ‘p’ shape profile with a prominent POC at 9424 so would need fresh volumes above this to continue the probe higher. The […]