Market Profile Analysis dated 06th November 2020
Nifty Nov F: 12261 [ 12279 / 12136 ] NF took support at the yPOC of 12140 at open and formed another low IB (Initial Balance) range of just 64 points while forming new highs for the week at 12200. The auction then continued to do what it did all week by making multiple REs […]
Weekly charts (02nd to 06th November 2020) and Market Profile Analysis
Nifty Spot Weekly Profile (02nd to 06th Nov 2020) Spot Weekly – 12263 [ 12280 / 11557 ] Previous week’s report ended with this ‘Nifty gave a bounce back to 11658 into the close before closing the week at 11642 forming a balanced weekly profile with completely lower Value at 11631-11733-11841 and would remain weak […]
Market Profile Analysis dated 05th November 2020
Nifty Nov F: 12143 [ 12156 / 12031 ] NF gave a pretty big gap up of 167 points right at the 2 ATR objective of 12089 from the FA of 11744 and the OH (Open=High) start led to some profit booking as it gave a dip to 12031 in the ‘A’ period but left […]
Market Profile Analysis dated 04th November 2020
Nifty Nov F: 11923 [ 11945 / 11744 ] NF gave an OTD (Open Test Drive) Up all be it on lower volumes as it moved away from the prominent POC of 11819 and made new highs of the week at 11920 just as the ‘A’ period was completed and could not extend further which […]
Market Profile Analysis dated 03rd November 2020
Nifty Nov F: 11825 [ 11844 / 11731 ] NF gave the expected move away from the 3-day balance starting with a gap up and then continuing the probe higher filling up the singles of the DD profile of 28th Oct as it stalled right at the extension handle of 11821 leaving similar highs there […]
Market Profile Analysis dated 02nd November 2020
Nifty Nov F: 11681 [ 11735 / 11560 ] NF opened with a drive down on good volumes after making an almost OH (Open=High) start at 11685 as it fell by 125 points in the IB (Initial Balance) making a low of 11560 in the ‘B’ period. This drive down however got negated in the […]
Market Profile Analysis dated 30th October 2020
Nifty Nov F: 11638 [ 11746 / 11515 ] NF made a drive like open on the upside as it seemed to give a move away from previous Value even leaving a buying tail from 11708 to 11632 in the IB (Initial Balance) where it made a high of 11746 but could not get above […]
Weekly charts (26th to 30th October 2020) and Market Profile Analysis
Nifty Spot Weekly Profile 26th to 30th Oct 2020) Spot Weekly – 11642 [ 11943 / 11535 ] Previous week’s report ended with this ‘The weekly profile with Value at 11841-11895-11937 is a well balanced one with both the Range & Value prevailing inside previous week. On the smaller time frame, the auction is stuck […]
Monthly charts (October 2020) and Market Profile Analysis
Nifty Spot – 11642 [ 12025 / 11347 ] Monthly Profile (October 2020) Previous month’s report ended with this ‘The monthly Value was mostly inside previous month’s Value at 11202-11559-11580 and even the range was mostly inside except for the 2 days where it it was swiftly rejected leaving daily extension handles at 11015 & […]
Performance report in Oct (up 32%) based on MarketProfile and Orderflow strategies
The Nifty managed a 8% upmove in the month of October. Very impressive indeed! We smiled. Everytime the market moves like the way it did in October, our chances of doing 4X of that move rises. Yes we have developed strategies which help us make multiples of the index move . And 4X is good. […]