Market Profile Analysis dated 30th March 2021
Nifty Apr F: 14913 [ 14949 / 14687 ] NF not only made a gap up open above PDH (Previous Day High) but continued to drive higher in the IB (Initial Balance) as it left a buying tail from 14775 to 14687 while making a high of 14820 and made a successful RE (Range Extension) […]
Market Profile Analysis dated 26th March 2021
Nifty Apr F: 14608 [ 14675 / 14501 ] NF made a gap up open and went on to test the PBH (Pull Back High) of 14587 as it made a high of 14595 in the A period but got rejected reversing the probe to the downside and made a low of 14501 in the […]
Weekly Charts (22nd to 26th March 2021) and Market Profile Analysis
Nifty Spot Weekly Profile (22nd to 26th Mar 2021) Spot Weekly – 14507 [ 14878 / 14264 ] Previous week’s report ended with this ‘The weekly profile is an elongated one to the downside with mostly lower Value at 14673-14787-15039 with a FA at top and a buying tail at lows from 14406 to 14350. […]
Market Profile Analysis dated 25th March 2021
Nifty Apr F: 14435 [ 14640 / 14346 ] NF made another strong start with an Open Drive Down as it not only accepted previous day’s spike close but trended lower till the ‘H’ period completing the 2 IB objective of 14360 in spite of the relatively large IB range of 140 points as it […]
Market Profile Analysis dated 24th March 2021
Nifty Mar F: 14555 [ 14763 / 14535 ] NF made a gap down open of exactly 100 points way below the yPOC of 14820 and got rejected from previous Value as it made a high of 14763 in the ‘A’ period after which it left a selling extension handle at 14710 in as early […]
Market Profile Analysis dated 23rd March 2021
Nifty Mar F: 14833 [ 14900 / 14713 ] NF made an initiative move away from previous Value at open and not only made new highs for the week but went on to scale above last Friday’s high of 14805 while hitting 14848 in an action packed ‘A’ period which ended by breaking the day’s […]
Market Profile Analysis dated 22nd March 2021
Nifty Mar F: 14741 [ 14780 / 14600 ] NF made an OAIR (Open Auction In Range) start and got rejected from Friday’s selling tail of 14775 to 14805 as it made a high of 14780 in the IB (Initial Balance) and probed lower filling up the low volume zone of previous profile till it […]
Market Profile Analysis dated 19th March 2021
Nifty Mar F: 14756 [ 14805 / 14371 ] NF continued previous day’s imbalance with a gap down and a probe lower in the A period where it made a low of 14371 stopping just above the VPOC of 14367 from the Trend Day of 01st Feb taking suport in this old demand zone which […]
Weekly Charts (15th to 19th March 2021) and Market Profile Analysis
Nifty Spot Weekly Profile (15th to 19th Mar 2021) Spot Weekly – 14744 [ 15051 / 14350 ] Previous week’s report ended with this ‘The weekly profile inspite of making higher highs on all 4 days seems like a long liquidation one with completely inside Value at 14940-15006-15120 and has a prominent POC at 15006 […]
Market Profile Analysis dated 18th March 2021
Nifty Mar F: 14577 [ 14900 / 14506 ] NF opened with a gap up of almost 100 points way above the NeuX (Neutral Extreme) zone of 14802 to 14741 adding to the instances where a NeuX does not give a follow up at the next open but the auction got stalled at the HVN […]