Market Profile Analysis dated 06th May 2021
Nifty May F: 14770 [ 14788 / 14657 ] NF started with a gap up but settled down into an Open Auction after tagging 14746 in the ‘A’ period as it formed one of the narrowest IB range in the last 2 months of just 59 points as it took support at the HVN of […]
Market Profile Analysis dated 05th May 2021
Nifty May F: 14679 [ 14698 / 14549 ] NF made a higher open at 14625 negating the selling extension handle of 14600 but the auction got rejected at yVWAP of 14650 triggering a probe lower to 14549 in an action packed ‘B’ period where it got swiftly rejected leaving a buying tail at the […]
Market Profile Analysis dated 04th May 2021
Nifty May F: 14549 [ 14765 / 14511 ] NF opened with a probe to the upside as it made new highs for the week at 14765 but could not extend any further leading to a downside move in the ‘B’ period as it made a low of 14625 leaving a relatively large IB range […]
Market Profile Analysis dated 30th April 2021
Nifty May F: 14691 [ 14890 / 14660 ] NF opened lower and gave a move away the previous day’s prominent POC of 14927 forming lower daily Value for the first time in the week as it formed a ‘p’ shape profile for the first half of the day but gave a fresh probe lower […]
Weekly Charts (26th to 30th April 2021) and Market Profile Analysis
Nifty Spot Weekly Profile (26th to 30th Apr 2021) Spot Weekly – 4631 [ 15044 / 14421 ] Nifty opened the week with a gap up on Monday where it took support just above the weekly VAH of 14409 and as expected formed an imbalance to the upside till Thursday morning which saw another gap […]
Monthly charts (April 2021) and Market Profile Analysis
Nifty Spot – 14631 [ 15044 / 14151 ] Monthly Profile (April 2021) Previous month’s report ended with this ‘Nifty has formed a 3-1-3 balanced profile for the month after getting rejected on the upside from previous month’s VAH leaving a small selling tail from 15273 to 15336 on the monthly timeframe which reversed the […]
Market Profile Analysis dated 29th April 2021
Nifty May F: 14932 [ 15085 / 14867 ] NF opened with a big gap up and continued to probe higher in the ‘A’ period as it tagged 15084 stalling just below the 8th Apr highs of 15091 from where the auction had started that leg down to 14202 and hence was a positional reference […]
Market Profile Analysis dated 28th April 2021
Nifty Apr F: 14855 [ 14891 / 14685 ] NF opened with a gap up well and remained above the VPOC of 14682 but settled down into an OAOR start leaving a narrow range of just 73 points in the IB where it made new highs for the week at 14758 and broke below VWAP […]
Market Profile Analysis dated 27th April 2021
Nifty Apr F: 14645 [ 14659 / 14476 ] NF made an OAIR start but moved away from previous day’s balance and the prominent POC of 14486 leaving an initiative buying tail in the IB (Initial Balance) from 14539 to 14476 and made a slow OTF (One Time Frame) probe higher all day with a […]
Market Profile Analysis dated 26th April 2021
Nifty Apr F: 14486 [ 14552 / 14423 ] NF opened with a big gap up of 104 points moving away from the previous week’s balance at open and formed a relatively large IB (Initial Balance) of 129 points in spite of the gap up as it tagged 14552 but could not extend any further […]