Market Profile Analysis dated 09th February 2021
Nifty Feb F: 15106 [ 15266 / 15062 ] NF opened with a small gap up and stayed above the yPOC of 15128 in the IB (Initial Balance) indicating that the PLR (Path of Least Resistance) was on the upside as it continued to probe higher leaving an extension handle at 15188 in the C […]
Market Profile Analysis dated 08th February 2021
Nifty Feb F: 15126 [ 15167 / 15031 ] NF opened with a big gap up of 137 points but settled down into an OAOR (Open Auction Out of Range) even as it left a buying tail in the IB which led to a succesful C side extension higher as it hit 15147. However, the […]
Market Profile Analysis dated 05th February 2021
Nifty Feb F: 14930 [ 15008 / 14866 ] NF opened with a gap up and completed the 1 ATR objective of 14998 from the FA of 14731 as it made new highs for the series at 15008 in the A period but saw good profit booking coming in around 14980 which led to a […]
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 […]