Weekly Charts (24th to 28th Jan 2022) and Market Profile Analysis
Nifty Spot Weekly Profile (24th to 28th Jan 2022) 17102 [ 17599 / 16836 ] Previous week’s report ended with this ‘The weekly profile is a Neutral Extreme one to the downside with a huge range of 865 points and has formed outside Value at 17757-18285-18345 with a FA at top at 18351 which is now […]
Market Profile Analysis dated 27th January 2022
Nifty Feb F: 17149 [ 17214 / 16879 ] NF opened with a big 205 point gap down and got accepted in the 25th Jan Buying Singles of 17044 to 16890 as it made a low of 16945 in the A period and made a hat-trick of REs (Range Extension) lower from the E TPO even […]
Market Profile Analysis dated 25th January 2022
Nifty Jan F: 17283 [ 17309 / 16851 ] NF continued previous day’s imbalance with a gap down open of 150 points and fell by another 150 points as it tagged the 21st Dec VPOC of 16858 while making a low of 16851 and saw a swift move back above VWAP late in the A period […]
Market Profile Analysis dated 24th January 2022
Nifty Jan F: 17151 [ 17603 / 17011 ] NF opened lower and left an initiative selling tail from 17516 to 17603 forming a large IB range of 177 points as it made a low of 17426 after which it made couple of REs (Range Extension) lower in the C & D periods but could only […]
Market Profile Analysis dated 21st January 2022
Nifty Jan F: 17618 [ 17723 / 17502 ] NF opened with a big gap down of 134 points and hit new lows of the week at 17542 in the A period as it took support just above the 3rd Jan extension handle of 17537 and gave a bounce to 17696 in the IB (Initial Balance) […]
Weekly Charts (17th to 21st Jan 2022) and Market Profile Analysis
Nifty Spot Weekly Profile (17th to 21st Jan 2022) 17617 [ 18350 / 17485 ] Previous week’s report ended with this ‘Value for the week was completely higher at 18036-18186-18285 with the DD singles from 18141 to 18079 which will be the first zone of support below which the daily VPOC of 18031 & the FA […]
Market Profile Analysis dated 20th January 2022
Nifty Jan F: 17804 [ 17969 / 17694 ] NF made an OA (Open Auction) start but remained below the yPOC of 17976 which meant that the PLR continued to remain to the downside which was further confirmed by an extension handle at 17892 inside the IB itself after which it went on to make a […]
Market Profile Analysis dated 19th January 2022
Nifty Jan F: 17974 [ 18110 / 17906 ] NF opened lower right at the VPOC of 18083 and made an attempt to get back into previous day’s range which was rejected at 18110 indicating that the PLR (Path of Least Resistance) remained to the downside. The auction then went on to revisit the FA of […]
Market Profile Analysis dated 18th January 2022
Nifty Jan F: 18124 [ 18363 / 18100 ] NF opened higher hitting new highs for the series at 18363 but confirmed an ORR (Open Rejection Reverse) as it not only got back into previous day’s range leaving an initiative selling tail in the IB (Initial Balance) from 18300 to 18363 but even swiped through last […]
Market Profile Analysis dated 17th January 2022
Nifty Jan F: 18336 [ 18350 / 18234 ] NF opened lower well below the spike zone of 18278 to 18320 but took support at the 3-day composite POC of 18242 as it made a low of 18234 in the opening minutes and went on to probe above PDH but could only make marginal new highs […]