Market Profile Analysis dated 26th November 2021
Nifty Dec F: 17052 [ 17428 / 17015 ] NF opened with a big gap down and followed it up with an Open Drive Down as it left a long initiative selling tail from 17361 to 17589 along with three extension handles at 17302 / 17253 & 17091 forming a Trend Day Down with a huge […]
Weekly Charts (22nd to 26th Nov 2021) and Market Profile Analysis
Nifty Spot Weekly Profile (22nd to 26th Nov 2021) 17026 [ 17805 / 16986 ] Previous week’s report ended with this ‘The weekly profile is a Trending One to the downside with overlapping Value at 17889-18105-18171 and has left 2 daily VPOCs at 17961 & 18061 which will be the important references on the upside for […]
Market Profile Analysis dated 25th November 2021
Nifty Dec F: 17589 [ 17619 / 17382 ] NF once again failed to give a follow through to a Neutral Extreme (NeuX) profile as it could not sustain below PDL (Previous Day Low) in the IB (Inital Balance) where it left similar lows of 17387 & 17382 after which it probed higher leaving an extension […]
Market Profile Analysis dated 24th November 2021
Nifty Nov F: 17408 [ 17605 / 17360 ] NF opened higher & left a small but important buying tail in the IB (Initial Balance) from 17507 to 17495 indicating demand coming at yPOC as it almost tagged the first objective and the extension handle of 17572 and followed it up with couple of REs (Range […]
Market Profile Analysis dated 23rd November 2021
Nifty Nov F: 17495 [ 17550 / 17250 ] NF continued the previous day’s imbalance to the downside at open as it made new lows of 17250 in the opening minutes but was swiftly rejected back confirming an ORR (Open Rejection Reverse) start and left a long initiative buying tail from 17350 to 17250 in the […]
Market Profile Analysis dated 22nd November 2021
Nifty Nov F: 17435 [ 17805 / 17301 ] NF gave an Open Drive Down start as it dropped by more than 150 points in the opening 10 minutes forming new lows of the series at 17643 and went on to confirm an initiative move away from the yPOC of 17778 with a huge selling tail […]
Market Profile Analysis dated 18th November 2021
Nifty Nov F: 17793 [ 17944 / 17692 ] NF opened with a probe above the NeuX zone of 17894 to 17911 but confirmed an ORR (Open Rejection Reverse) Down after making a high of 17944 as it left a long initiative selling tail from 17882 to 17944 and went on to tag the 11th Nov […]
Weekly Charts (15th to 19th Nov 2021) and Market Profile Analysis
Nifty Spot Weekly Profile (15th to 19th Nov 2021) 17765 [ 18210 / 17688 ] Previous week’s report ended with this ‘The weekly profile is also a Neutral Extreme one with a narrow range of just 325 points and overlapping to higher Value at 17907-18045-18081. The NeuX zone of 18079 to 1812 would be the immediate […]
Market Profile Analysis dated 17th November 2021
Nifty Nov F: 17909 [ 18029 / 17894 ] NF opened with a big gap down right at the buying singles of 12th Nov as it made a low of 17911 and reversed the probe to the upside as it formed a narrow range IB (Initial Balance) of 84 points where it got back into previous […]
Market Profile Analysis dated 16th November 2021
Nifty Nov F: 18004 [ 18160 / 17978 ] NF made an ORR (Open Rejection Reverse) start from previous day’s VWAP and trended lower in the IB leaving a long selling tail from 18097 to 18160 and went on to make couple of marginal REs (Range Extension) in the D & E periods where it made […]