Market Profile Analysis dated 17th November 2021

Nifty Nov F: 17909 [ 18029 / 17894 ] NF opened with a big gap down right at the buying singles of 12th Nov as it made a low of 17911 and reversed the probe to the upside as it formed a narrow range IB (Initial Balance) of 84 points where it got back into previous […]

Market Profile Analysis dated 16th November 2021

Nifty Nov F: 18004 [ 18160 / 17978 ] NF made an ORR (Open Rejection Reverse) start from previous day’s VWAP and trended lower in the IB leaving a long selling tail from 18097 to 18160 and went on to make couple of marginal REs (Range Extension) in the D & E periods where it made […]

Market Profile Analysis dated 15th November 2021

Nifty Nov F: 18141 [ 18230 / 18082 ] NF opened with a freak tick of 18410 to over compensate the freak low of previous session but could not sustain above the selling tail of 28th Oct as it remained below 18230 in the IB (Initial Balance) and and made a good C side extension and […]

Market Profile Analysis dated 12th November 2021

Nifty Nov F: 18133 [ 18160 / 17921 ] NF opened with a freak tick of 17737 but remained steady above 17955 in the IB (Initial Balance) as it made a high of 18018 but could not extend further to the upside and probed lower in search of fresh demand as it made lower lows in […]

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

Nifty Spot Weekly Profile (08th to 12th Nov 2021) 18103 [ 18123 / 17798 ] Previous week’s report ended with this ‘The weekly profile is a Normal one within a narrow range of 315 points thanks to the holiday-shortened week but has formed overlapping to lower Value at 17817-17925-17973 and has a prominent POC at 17925 […]

Market Profile Analysis dated 11th November 2021

Nifty Nov F: 17897 [ 17985 / 17807 ] NF not only opened lower but gave a Drive Down as it moved away from the yPOC of 17960 with the help of an initiative selling tail from 17945 to 18023 after which it left an extension handle at 17910 in the B period and continued the […]

Market Profile Analysis dated 10th November 2021

Nifty Nov F: 18023 [ 18086 / 17925 ] NF gave a move away from the Gaussian Curve with a gap down of 81 points & remained below below PDL (Previous Day Low) but formed a narrow IB (Initial Balance) range of just 67 points indicating that the sellers were all but out as the auction […]

Market Profile Analysis dated 09th November 2021

Nifty Nov F: 18070 [ 18141 / 17994 ] NF opened right at the yPOC of 18132 but could not extend higher as it made a high of 18141 and probed lower filling up the low volumes zone of yesterday’s DD (Double Distribution) profile while making multiple REs (Range Extension) and tagging the extension handle of […]

Market Profile Analysis dated 08th November 2021

Nifty Nov F: 18123 [ 18153 / 17852 ] NF made a gap up open by exactly 100 points and continued to probe higher as it made a high of 18010 in the opening minutes but got rejected from the HVN of 17994 triggering a quick fall of over 150 points as it made a low […]

Market Profile Analysis dated 03rd November 2021

Nifty Nov F: 17847 [ 18020 / 17770 ] NF opened higher getting accepted in the selling singles of previous day’s profile but formed a narrow range IB of just 76 points and remained in the same for the first half building volumes at 17994 after which it gave a trending move away from here from […]