Weekly charts (30th December 2019 to 3rd January 2020) and Market Profile Analysis
Nifty Spot Weekly Profile (30th December 2019 to 3rd January 2020) Spot Weekly 12226 [ 12290 / 12152 ] Previous week’s report ended with this ‘the auction will need to get above that vPOC of 12265 & negate the FA of 12287 in the coming week whereas the immediate support is in the zone of […]
Monthly (December 2019) charts and Market Profile analysis
Nifty Spot – 12168 [ 12294 / 11832 ] Monthly Profile (Decmber) Nifty opened the month with a big gap up but was also an OH (Open=High) start at 12137 which set up a probe on the downside as the auction entered the previous month’s Value Area and completed the 80% Rule on the monthly time […]
Market Profile Analysis dated 2nd January 2020
Nifty Jan F: 12339 [ 12344/ 12245 ] HVNs – 12130 / 12160 / 12193 / (12240-250) / 12270-280 / 12320 NF started the day with an Open Test Drive higher as it moved away from yesterday’s POC of 12240 and went on to scale above the important zone of 12274-12278 in the Initial Balance […]
Market Profile Analysis dated 1st January 2020
Nifty Jan F: 12244 [ 12270/ 12226 ] HVNs – 12130 / 12160 / 12193 / (12240-250) / 12274 / 12330 Previous day’s report ended with this ‘The reference for the first open of 2020 would be 12265 to 12230 above which 12274-278 will be an important zone in the coming sessions.’ NF opened in […]
Market Profile Analysis dated 31st December
Nifty Jan F: 12246 [ 12313/ 12230 ] HVNs – 12130 / 12160 / 12193 / 12247 / 12274 / 12330 NF opened with a gap down right at the HVN of the lower distribution of the previous day which was at 12994 and probed lower in the Initial Balance (IB) breaking below previous day’s […]
Market Profile Analysis dated 30th December
Nifty Jan F: 12329 [ 12348/ 12276 ] HVNs – 12130 / 12160 / 12193 / 12276 / (12294) / 12330 NF opened in the spike of 12310 to 12330 & probed higher in the ‘A’ period as it made an attempt to scale above the FA & previous week’s high of 12346 but could […]
Market Profile Analysis dated 27th December
Nifty Jan F: 12319 [ 12330/ 12209 ] HVNs – 11949 / 11995 / 12042 / 12130 / 12160 / 12193 / 12276 / 12327 NF opened higher right at the spike high of 12231 and probed lower as it stayed inside the spike zone but took support above the HVN of 12195 while making a […]
Weekly charts (23rd to 27th December) and Market Profile Analysis
Nifty Spot Weekly Profile (23rd to 27th December) Spot Weekly 12246 [ 12287 / 12118 ] Nifty opened the week with a gap down but took support at 12229 in the IB (Initial Balance) on Monday after which it probed higher and even made a small C side RE (Range Extension) as it made new […]
Market Profile Analysis dated 24th December
Nifty Dec F: 12238 [ 12285/ 12228 ] (freak high of 12315) HVNs – 12024 / (12082) / 12112 / 12170 / 12190 / (12216) / 11268 NF opened with a freak tick at 12315 but was mostly an OAIR as it remained below 12285 and continued to form a balance in the Value of the […]
Weekly charts (16th to 20th December) and Market Profile Analysis
Nifty Spot Weekly Profile (16th to 20th December) Spot Weekly 12272 [ 12994 / 12046 ] Previous week’s report ended with this ‘a buying tail from 12024 to 11982. On the upside, we have the selling tail from 12108 to 12137 as the immediate reference which if taken out could pave the way for new […]