Market Profile Analysis dated 22nd December 2021
Nifty Dec F: 16973 [ 16985 / 16832 ] NF opened above the SOC (Scene Of Crime) of 16860 and probed higher but formed similar highs in the IB indicating lack of demand and this led to a probe lower and a C side extension where the auction made new lows of 16832 but took support […]
Market Profile Analysis dated 21st December 2021
Nifty Dec F: 16801 [ 16955 / 16708 ] NF opened higher and got accepted in previous day’s selling singles as it made a OTF (One Time Frame) probe higher till the G period scaling above PDH to hit 16955 but formed similar highs in the H period signalling exhaustion in the upmove and the break […]
Market Profile Analysis dated 20th December 2021
Nifty Dec F: 16635 [ 16918 / 16431 ] NF opened with a huge gap down of 175 points right at the series low of 16850 negating the weekly FA of 16942 and continued to trend lower till the H period as it left an iniitative selling tail from 16722 to 16918 & left an extensin […]
Market Profile Analysis dated 17th December 2021
Nifty Dec F: 17023 [ 17310 / 17000 ] As expected, NF gave an initiative move away from the 3-day composite balance with an Open Drive Down leaving a long selling tail from 17178 to 17310 in the IB along with an extension handle at 17152 in the A period as it formed a big range […]
Weekly Charts (13th to 17th Dec 2021) and Market Profile Analysis
Nifty Spot Weekly Profile (13th to 17th Dec 2021) 16985 [ 17639 / 16966 ] Previous week’s report ended with this ‘The weekly profile is a Neutral Extreme one with a FA (Failed Auction) at 16892 and also represents a DD (Double Distribution) with the mid-profile singles at 17353 to 17243 with overlapping to higher Value […]
Market Profile Analysis dated 16th December 2021
Nifty Dec F: 17317 [ 17400 / 17233 ] NF opened with a gap up above PDH (Previous Day High) but was swiftly rejected confirming an ORR (Open Rejection Reverse) start to the day as it left an initiative selling tail in the IB and completed the 80% Rule in previous days Value with the help […]
Market Profile Analysis dated 15th December 2021
Nifty Dec F: 17261 [ 17379 / 17217 ] NF opened the day with a move away from the yPOC of 17357 with an initiative selling tail in the IB (Initial Balance) where it went on probe below PDL (Previous Day Low) and like the last 2 sessions made a C side extension lower as it […]
Market Profile Analysis dated 14th December 2021
Nifty Dec F: 17355 [ 17424 / 17265 ] NF continued previous day’s imbalance with a gap down open at 17340 after which it made a freak low of 17230 in the opening minute and remained above 17295 in the IB (Initial Balance) but made similar highs of 17385 & 17388 indicating exhaustion on the upside […]
Market Profile Analysis dated 13th December 2021
Nifty Dec F: 17447 [ 17688 / 17404 ] NF made a gap up open above the November series VWAP of 17635 and went on to make a high of 17688 in the opening minutes stalling just below the 22nd Nov Extension Handle of 17690 as it settled down into an OAOR (Open Auction Out of […]
Market Profile Analysis dated 10th December 2021
Nifty Dec F: 17559 [ 17585 / 17435 ] NF made an OAIR (Open Auction In Range) start but moved away from the yPOC of 17561 as it left an initiative tail in the IB (Initial Balance) from 17537 to 17569 forming the narrowest IB range of this series at just 104 points. The auction remained […]