Market Profile Analysis dated 12th June
Nifty Jun F: NF opened below the yPOC of 11979 and made a swift move lower leaving a selling tail from 11977 to 11941 breaking below PDL in the IB itself and went on to make multiple range extensions in the C & D periods tagging the 1.5 IB move lower as it made a […]
Market Profile Analysis dated 11th June
Nifty Jun F: NF opened with yet another gap up of 40 points which was also an OH start at 11975 after which the auction began to probe lower as it made a low of 11917 in the ‘A’ period almost tagging the yPOC of 11913 which was mentioned in yesterday’s report as being the […]
Market Profile Analysis dated 10th June
Nifty Jun F: NF opened with a gap up of 50 points and stayed above PDH (Previous Day High) in the ‘A’ period but could not extend the range to the upside as it made a relatively narrow range of 54 points in the IB (Initial Balance). (Click here to view the profile chart for […]
Market Profile Analysis dated 7th June
Nifty Jun F: NF continued the weakness of the previous day as it opened with a drive down and went on to fall by 80 points making new weekly lows of 11801 in the ‘A’ period but the imbalance looked too stretched and once the auction got back above VWAP in the ‘B’ period, the […]
Weekly charts (03rd June to 7th June) and Market Profile Analysis
Nifty Spot Weekly Profile (3rd June to 7th June) Nifty opened the week on a strong note moving away from that prominent POC of 11920 making new all time highs of 12103 as it gave a Trend Day Up on Monday. The auction then consolidated on Tuesday making an inside bar along with as it […]
Market Profile Analysis dated 6th June
Nifty Jun F: NF opened in previous day’s range & made an attempt to probe higher but was rejected as it made a high of 12059 after which it broke below previous day’s low confirming an ORR (Open Rejection Reverse) start. The auction went on to break the Trend Day VWAP & POC in the […]
Market Profile Analysis dated 4th June
Nifty Jun F: NF made an OAIR start around the PDH but stayed below the HVN of 12113 indicating that there was no new demand coming in and moreover it was only apt that the auction consolidated after a Trend Day as it remained in a narrow range of 47 points in the first hour […]
Market Profile Analysis dated 3rd June
Nifty Jun F: NF made an OAIR start and made an attempt to probe lower which was held at 11915 just above the HVN of 11910 indicating that demand was coming in at those levels. The auction then drove higher leaving singles from 11915 t0 11952 in the ‘A’ period to confirm the entry of […]
Market Profile Analysis dated 31st May
Nifty Jun F: NF opened with a gap higher plus a drive up but the volumes were low which raised doubts about the authenticity of the drive which got more confirmation as the auction was stuck in a narrow range and struggled to extend the range to the upside after IB. (Click here to view […]
Weekly charts (27th May to 31st May) and Market Profile Analysis
Nifty Spot Weekly Profile (27th May to 31st May) Nifty stayed above previous week’s VAH all week making a nice 3-1-3 balanced profile in the excess of 11884 to 12041 it left at top last week making an inside bar on weekly timeframe with a close around the prominent POC of 11920 for this week […]