Weekly Charts (01st to 05th February 2021) and Market Profile Analysis

Nifty Spot Weekly Profile (01st to 05th February 2021) Spot Weekly – 14924 [ 15014 / 13661 ] Nifty opened in previous week’s spike zone of 13597 to 13728 taking support at 13662 which was an indication that the spike was getting rejected as it got back into previous week’s Value and made multiple REs […]

Market Profile Analysis dated 04th February 2021

Nifty Feb F:  14895 [ 14938 / 14731 ] NF opened lower negating the extension handle of 14779 and got stalled right at the yPOC of 14820 in the probe higher after which it formed a relatively narrow IB range of 76 points filling up the low volume zone of previous day’s ‘p’ shape profile […]

Market Profile Analysis dated 03rd February 2021

Nifty Feb F:  14820 [ 14904 / 14611 ] NF made a gap up open at 14770 just above previous day’s high but was swiftly rejected as it apperared to have made an ORR (Open Rejection Reverse) start swiping through the Value of the balanced profile as it made a low of 14611 in the […]

Market Profile Analysis dated 02nd February 2021

Nifty Feb F:  14696 [ 14767 / 14480 ] NF continued the imbalance of previous day as it not only opened with a big gap up of 168 points but continued to trend higher in the IB (Initial Balance) as it scaled above the VPOC of 14618 & negated the FA of 14660 before making […]

Market Profile Analysis dated 01st February 2021

Nifty Feb F:  14351 [ 14399 / 13696 ] NF opened above the spike zone of 13755 to 13666 but probed back into taking support at 13696 in the IB (Initial Balance) as it left a small but important buying tail at lows which indicated that the demand was coming back resulting in a Range […]

Market Profile Analysis dated 29th January 2021

Nifty Feb F:  13709 [ 13984 / 13666 ] NF opened with a big gap up of 81 points and went on to probe above PDH (Previous Day High) as it hit 13984 but was swiftly rejected resulting in an ORR to the downside as it not only got back into previous day’s range & […]

Weekly Charts (25th to 29th January 2021) and Market Profile Analysis

Nifty Spot Weekly Profile (25th to 29th January 2021) Spot Weekly – 13635 [ 14491 / 13597 ] Previous week’s report ended with this ‘The weekly profile is a Neutral One which extended previous week’s range on both sides forrming an outside bar both in terms of range and Value which was overlapping at 14346-14604-14628 […]

Monthly charts (Janurary 2021) and Market Profile Analysis

Nifty Spot –  13635 [ 14753 / 13596 ] Monthly Profile (January 2021) Previous month’s report ended with this ‘The monthly profile is a trending one to the upside with 2 extension handles at 13128 & 13777 and completely higher Value at 13209-13528-13769. The triumvirate daily FAs of 13865 / 13811 & 13627 would be […]

Market Profile Analysis dated 28th January 2021

Nifty Feb F:  13844 [ 13935 / 13744 ] NF opened with a big gap down and formed a big 95 point range from 13935 to 13840 in the ‘A’ period after which it settled down into an OAOR (Open Auction Out of Range) with the auction forming a balance in this range till the […]

Market Profile Analysis dated 27th January 2021

Nifty Jan F:  13982 [ 14208 / 13933 ] NF opened lower below the spike zone of 14233 to 14263 and remained below the weekly VPOC of 14222 and made a trending move lower all day after giving a PBH at 14179 in the ‘E’ period as it left an extension handle at 14071 confirming […]