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 […]
Weekly Charts (01st to 03rd Nov 2021) and Market Profile Analysis
Nifty Spot Weekly Profile (01st to 03rd Nov 2021) 17829 [ 18012 / 17697 ] Previous week’s report ended with this ‘The weekly profile is an elongated one of 729 points range & for the second successive time is a Neutral Extreme Down one with mostly lower Value at 17901-18159-18339 which has left daily VPOCs at […]
Market Profile Analysis dated 02nd November 2021
Nifty Nov F: 17916 [ 18038 / 17861 ] NF opened above the yPOC of 18000 & made an attempt to probe higher but could only tag the PDH of 18038 and this inability to get above the October Series VWAP which was the first Business Area on the upside for today trigged a fall of […]
Market Profile Analysis dated 01st November 2021
Nifty Nov F: 18008 [ 18038 / 17730 ] NF made an OAIR (Open Auction In Range) start in previous Value but stayed above the yPOC of 17755 in the IB (Initial Balance) as it went on to make a high of 17855 stalling just below the PBH of 17865 which led to a retracement below […]
Market Profile Analysis dated 29th October 2021
Nifty Nov F: 17715 [ 17944 / 17659 ] NF continued the imbalance lower at open as it made a low of 17676 stopping just above the initiative buying tail from 4th Oct from where it gave a big bounce over the next 4 periods as it stalled right at previous day’s extension handle of 17941 […]