Market Profile Analysis dated 06th October 2021
Nifty Oct F: 17627 [ 17865 / 17603 ] NF opened slightly higher and went on to tag the extension handle of 17852 but failed to get fresh demand as it turned into an Open Auction leaving a second successive narrow IB (Initial Balance) range of just 53 points after which it made a big C […]
Market Profile Analysis dated 05th October 2021
Nifty Oct F: 17830 [ 17840 / 17631 ] NF opened well below the yPOC of 17709 and as expected went on to test the extension handle of 17636 as it made a low of 17631 in the opening minutes after which it formed a very narrow range Initial Balance of just 56 points as it […]
Market Profile Analysis dated 04th October 2021
Nifty Oct F: 17706 [ 17745 / 17560 ] NF opened higher above previous day’s small selling tail of 17544 to 17562 triggering a big short covering move as it went on to tag the 30th Sep VPOC of 17632 in the A period itself and left an extension handle at 17636 giving a quick move […]
Market Profile Analysis dated 01st October 2021
Nifty Oct F: 17530 [ 17562 / 17433 ] NF opened with a big gap down well below the 21st Sep extension handle of 17547 and continued to probe lower in the IB (Initial Balance) as it made new lows for the day at 15433 in the ‘B’ period almost completing the 2 ATR objective from […]
Market Profile Analysis dated 30th September 2021
Nifty Oct F: 17623 [ 17758 / 17604 ] NF opened in the 2-day composite Value and filled up the low volume zone between 17680 to 17750 for the first 5 periods as it remained inside the IB (Initial Balance) range of 78 points after which it made an attempt to extend higher in the F […]
Market Profile Analysis dated 29th September 2021
Nifty Sep F: 17708 [ 17794 / 17613 ] NF opened with a big gap down below the first HVN of 17694 and continued to probe lower breaking below the lower HVN of 17645 as it made a low of 17613 in the ‘A’ period taking support just above the buying singles of 17608 to 17586. […]
Market Profile Analysis dated 28th September 2021
Nifty Sep F: 17748 [ 17904 / 17586 ] NF opened higher but got rejected right at yesterday’s extension handle of 17904 and left an initiative selling tail in the IB (Initial Balance) from 17877 to 17904 to give a huge trending move lower once it made a RE (Range Extension) in the ‘D’ period where […]
Market Profile Analysis dated 27th September 2021
Nifty Sep F: 17856 [ 17940 / 17806 ] NF opened higher and made a freak tick of 18088 but could not sustain above PDH & got rejected back into previous day’s range & value leaving an extension handle at 17904 & completing the 80% Rule as the auction went on to test the singles zone […]
Market Profile Analysis dated 24th September 2021
Nifty Sep F: 17853 [ 17935 / 17820 ] NF continued the Trend Day’s imbalance with a higher open but formed similar highs of 17935 in the A, C & D periods signalling the end of the upmove and the return to balance as the auction made a slow drift lower to 17820 taking support just […]
Weekly Charts (20th to 24th Sep 2021) and Market Profile Analysis
Nifty Spot Weekly Profile (20th to 24th Sep 2021) 17853 [ 17947 / 17326 ] Previous week’s report ended with this ‘Nifty returned to form an imbalance for the week making higher highs on all 5 days leaving a Trend Up Weekly profile but closed with a Neutral Extreme Down Day on Friday indicating massive profit […]