Weekly Charts (15th to 19th March 2021) and Market Profile Analysis
Nifty Spot Weekly Profile (15th to 19th Mar 2021) Spot Weekly – 14744 [ 15051 / 14350 ] Previous week’s report ended with this ‘The weekly profile inspite of making higher highs on all 4 days seems like a long liquidation one with completely inside Value at 14940-15006-15120 and has a prominent POC at 15006 […]
Market Profile Analysis dated 18th March 2021
Nifty Mar F: 14577 [ 14900 / 14506 ] NF opened with a gap up of almost 100 points way above the NeuX (Neutral Extreme) zone of 14802 to 14741 adding to the instances where a NeuX does not give a follow up at the next open but the auction got stalled at the HVN […]
Market Profile Analysis dated 17th March 2021
Nifty Mar F: 14771 [ 14981 / 14741 ] NF made an Open Auction start on lower than average volumes but remained below the yPOC of 14971 which was an indication that the PLR (Path of Least Resistance) was to the downside and the auction went on to make a typical C side extension where […]
Market Profile Analysis dated 16th March 2021
Nifty Mar F: 14960 [ 15082 / 14915 ] NF opened slightly higher but was still an OAIR (Open Auction In Range) which pointed to a narrow range start and the auction obliged with a 80 point IB (Initial Balance) after making a high of 15036 in the ‘A’ period as it probed lower to […]
Market Profile Analysis dated 15th March 2021
Nifty Mar F: 14969 [ 15069 / 14771 ] NF continued last Friday’s imbalance to the downside by starting the day with an Open Test Drive which broke through previous week’s low and went on to form a huge 232 point IB (Initial Balance) while making a low of 14836. The C period then gave […]
Market Profile Analysis dated 12th March 2021
Nifty Mar F: 15051 [ 15375 / 14961 ] NF opened with a huge gap up open of 153 points as it tagged the weekly VPOC of 15344 but got rejected right from the daily VPOC of 15375 (from 16th Feb) triggering a trending move lower of 413 points as it left couple of extension […]
Weekly Charts (08th to 12th March 2021) and Market Profile Analysis
Nifty Spot Weekly Profile (08th to 12th Mar 2021) Spot Weekly – 15031 [ 15336 / 14920 ] Previous week’s report ended with this ‘The weekly profile is an elongated one with mostly higher Value at 14826-15019-15180 with a daily FA at lows & a spike from 15202 to 15273 at the top and has […]
Market Profile Analysis dated 10th March 2021
Nifty Mar F: 15209 [ 15262 / 15131 ] NF made a hat-trick of gap up opens this week (just like it had done in the previous one) but settled into an OAOR (Open Auction Out of Range) stalling in the supply zone of 15204 to 15240 as it left a selling tail in the […]
Market Profile Analysis dated 09th March 2021
Nifty Mar F: 15135 [ 15180 / 14953 ] NF made yet another higher open and continued to drive on the upside in the A period as it looked to move away from the 2-day Gaussian profile hitting new highs for the week at 15148 but could not sustain and once it broke the day’s […]
Market Profile Analysis dated 08th March 2021
Nifty Mar F: 14969 [ 15140 / 14927 ] NF opened above Friday’s POC & VWAP of 14970 & 14985 and continued to probe higher in the IB (Initial Balance) as it not only negated the selling tail but went on to scale above PDH (Previous Day High) as it made a high of 15140 […]