Market Profile Analysis dated 13th December 2021
Nifty Dec F: 17447 [ 17688 / 17404 ] NF made a gap up open above the November series VWAP of 17635 and went on to make a high of 17688 in the opening minutes stalling just below the 22nd Nov Extension Handle of 17690 as it settled down into an OAOR (Open Auction Out of […]
Market Profile Analysis dated 10th December 2021
Nifty Dec F: 17559 [ 17585 / 17435 ] NF made an OAIR (Open Auction In Range) start but moved away from the yPOC of 17561 as it left an initiative tail in the IB (Initial Balance) from 17537 to 17569 forming the narrowest IB range of this series at just 104 points. The auction remained […]
Weekly Charts (06th to 10th Dec 2021) and Market Profile Analysis
Nifty Spot Weekly Profile (06th to 10th Dec 2021) 17511 [ 17543 / 16892 ] Previous week’s report ended with this ‘The weekly profile has formed completely lower Value at 16980-17136-17250 with a close right in the middle and has tails at both ends with a daily VPOC at 17148 & a FA at 17064 which […]
Market Profile Analysis dated 09th December 2021
Nifty Dec F: 17561 [ 17591 / 17416 ] NF opened higher but got rejected from just below the daily VPOC of 17581 from 25th Nov as it made a high of 17579 and confirmed an ORR (Open Rejection Reverse) Down falling by 129 points in the IB (Initial Balance) while making a low of 17450 […]
Market Profile Analysis dated 08th December 2021
Nifty Dec F: 17513 [ 17527 / 17327 ] NF opened with a big gap up and continued to drive higher in the IB (Initial Balance) as it tagged the 03rd Dec VPOC of 17408 and went on to make a high of 17465 but the break of VWAP in the C period led to a […]
Market Profile Analysis dated 07th December 2021
Nifty Dec F: 17225 [ 17309 / 17016 ] NF opened well above the yPOC of 16954 indicating that the imbalance to the downside had gone to the extreme as it negated the selling extension handles of yesterday with an initiative buying tail in the IB (Initial Balance) from 17105 to 17016 after which it made […]
Market Profile Analysis dated 06th December 2021
Nifty Dec F: 16957 [ 17255 / 16942 ] NF made an OA (Open Auction) start to the day but could not sustain above the HVN of 17242 and got into the Value of the 4-day composite from 26th Nov to 01st Dec triggering the 80% Rule as it left an initiative selling tail from 17222 […]
Market Profile Analysis dated 03rd December 2021
Nifty Dec F: 17239 [ 17511 / 17220 ] NF continued the imbalance of the previous session with an Open Drive higher to 17511 in the A period but the break of the day’s VWAP negated the strong start after which it left a small selling tail in the IB & even made a small C […]
Weekly Charts (29th Nov to 03rd Dec 2021) and Market Profile Analysis
Nifty Spot Weekly Profile (29th Nov to 03rd Dec 2021) 17197 [ 17489 / 16782 ] Previous week’s report ended with this ‘The weekly profile is a Trend Down one with an initiative tail at top from 17686 to 17805 and a balanced Value Area at 17310-17490-17598 from where it gave a late move away on […]
Market Profile Analysis dated 02nd December 2021
Nifty Dec F: 17432 [ 17444 / 17170 ] NF began the day with an Open Test Drive Up as it got rejected from the yPOC of 17192 and signalled a move away from the 4-day composite balance it had been forming resulting in an OTF (One Time Frame) probe higher all day expect for couple […]