Market Profile Analysis dated 14th October 2021
Nifty Oct F: 18355 [ 18366 / 18240 ] NF continued the upside imbalance of previous day with a gap up open making a high of 18283 in the A period but settled down in to an OAOR (Open Auction Out of Range) forming a narrow 44 point IB (Initial Balance) which was followed by multiple […]
Weekly Charts (11th to 15th Oct 2021) and Market Profile Analysis
Nifty Spot Weekly Profile (11th to 15th Oct 2021) 18338 [ 18351 / 17839 ] Previous week’s report ended with this ‘The weekly profile was a trending one to the upside though has formed inside range & value with a small buying tail at lows and 2 prominent HVNs at 17694 & 17806 which will be […]
Market Profile Analysis dated 13th October 2021
Nifty Oct F: 18173 [ 18208 / 18042 ] NF opened higher and just above the 1 ATR target from yesterday’s FA of 17862 giving a rare follow through to a Neutral Extreme profile and continued to trend higher as it left an early extension handle at 18096 in the B period and formed higher highs […]
Market Profile Analysis dated 12th October 2021
Nifty Oct F: 18002 [ 18015 / 17862 ] NF opened with a gap down right in the middle of previous day’s buying singles and gave a swift bounce to the yPOC of 17973 in the opening minutes where it got rejected triggering a fresh probe lower as the auction got accepted in the singles zone […]
Market Profile Analysis dated 11th October 2021
Nifty Oct F: 17973 [ 18059 / 17860 ] NF made an OAIR (Open Auction In Range) start but formed a big 68 point range in the first 5 mins indicating both buyers & sellers were trying to gain control and the auction went in the favour of buyers at the start of the B period […]
Market Profile Analysis dated 08th October 2021
Nifty Oct F: 17900 [ 17940 / 17835 ] NF opened higher and hit new highs for the week at 17898 in the IB (Initial Balance) and continued the probe higher with a big C side extension to 17940 as it got into the selling singles from 28th Sep but could not extend any further leading […]
Weekly Charts (04th to 08th Oct 2021) and Market Profile Analysis
Nifty Spot Weekly Profile (04th to 08th Oct 2021) 17895 [ 17942 / 17581 ] Previous week’s report ended with this ‘Nifty formed a Triple Distribution Trend Down profile for the week with the range being completely inside previous week’s profile as the auction filled up the low volume zone and left 3 prominent HVNs at […]
Weekly Charts (27th Sep to 01st Oct 2021) and Market Profile Analysis
Nifty Spot Weekly Profile (27th Sep to 01st Oct 2021) 17532 [ 17943 / 17453 ] Previous week’s report ended with this ‘The weekly profile is a Neutral Extreme one which also looks like a DD (Double Distribution) profile with Value overlapping to lower at 17326-17580-17688 and has singles from 17682 to 17623 which will be […]
Monthly charts (September 2021) and Market Profile Analysis
Nifty Spot – 17618 [ 17947 / 17055 ] Monthly Profile (September 2021) Previous month’s report ended with this ‘The monthly profile is an elongated trending one to the upside with a huge range of 1319 points and completely higher Value at 16177-16255-16653 which has a long buying tail from 16162 to 15834 at the bottom along with […]
Market Profile Analysis dated 07th October 2021
Nifty Oct F: 17808 [ 17884 / 17753 ] NF opened with a huge gap up of 145 points yet again not giving any follow through to a Neutral Extreme (NeuX) Profile and staying above the NeuX VWAP of 17745 caused further short covering as the auction left a buying tail from 17791 to 17753 and […]