Market Profile Analysis dated 04th June 2021

Nifty Jun F:  15701 [ 15756 / 15654 ] NF continued the previous day’s Neutral Extreme probe higher at open as it tagged 15750 in the IB (Initial Balance) but the dreaded C side extension got some laggard buyers stuck resulting in a FA being confirmed at 15756 as the auction probed lower for most […]

Weekly Charts (31st May to 04th Jun 2021) and Market Profile Analysis

Nifty Spot Weekly Profile (31st May to 04th Jun 2021) 15670 [ 15733 / 15374 ] Previous week’s report ended with this ‘The weekly profile is a trending one to the upside with higher opening on all 5 days as well as higher highs & lows allbeit in a relatively narrow range of 324 points as […]

Market Profile Analysis dated 03rd June 2021

Nifty Jun F:  15712 [ 15720 / 15635 ] NF opened higher well above the Neutral Extreme zone of 15588 to 15632 completing the 1 ATR target of 15648 from the FA of 15502 but settled down into an OAOR (Open Auction Out of Range) forming one of the narrowest IB (Initial Balance) range of […]

Market Profile Analysis dated 02nd June 2021

Nifty Jun F:  15617 [ 15632 / 15502 ] NF opened lower and moved away from previous value with the help of an initiative selling tail in the IB (Initial Balance) where it made a low of 15516 but could not extend further even till the ‘G’ period which meant that the seller was doing […]

Market Profile Analysis dated 01st June 2021

Nifty Jun F:  15618 [ 15660 / 15546 ] NF made yet another higher open and took support right at PDH (Previous Day High) of 15600 as it probed higher in the A period to hit new highs of 15660 but could not extend any further settling down into a typical OAOR narrow range of […]

Market Profile Analysis dated 31st May 2021

Nifty Jun F:  15583 [ 15600 / 15410 ] NF opened right at the prominent POC of 15464 and probed lower in seach of fresh demand as it broke below previous low & FA of 15420 but got swiftly rejected from 15410 reversing the probe to the upside as it not only left a long […]

Market Profile Analysis dated 28th May 2021

Nifty Jun F:  15464 [ 15500 / 15420 ] NF opened higher continuing previous session’s closing move with an OL (Open=Low) start at 15435 and went on to record new highs for the week at 15492 in the A period but settled down into an OAOR (Open Auction Out Of Range) as it remained in […]

Weekly Charts (24th to 28th May 2021) and Market Profile Analysis

Nifty Spot Weekly Profile (24th to 28th May 2021) 15435 [ 15469 / 15145 ] Previous week’s report ended with this ‘The weekly profile represents a composite ‘p’ shape with completely higher Value at 14990-15090-15130 and a small spike close from 15137 to 15190 which would be the zone to watch at open for the next […]

Market Profile Analysis dated 27th May 2021

Nifty Jun F:  15387 [ 15411 / 15304 ] NF opened lower but took support above the buying extension handle of 15290 as it made a low of 15304 in the ‘A’ period and completed the 80% Rule in previous Value forming a narrow range of just 55 points till the ‘C’ period. The auction […]

Market Profile Analysis dated 26th May 2021

Nifty May F:  15303 [ 15324 / 15197 ] NF opened right around the HVN of 15260 with an OH (Open=High) start at 15255 and made the first probe of the day lower as it swipted through yesterday’s low volume zone and tagged the yPOC of 15213 while making a low of 15197 in the […]