Market Profile Analysis dated 28th June 2021
Nifty Jul F: 15855 [ 15930 / 15825 ] NF opened higher but could not take out the higher VPOC of 15932 (15th June) as it left an initiative selling tail in the IB (Initial Balance) from 15905 to 15930 and got back into the 4-day composite Value filling up the upper part while forming […]
Weekly Charts (21st to 25th Jun 2021) and Market Profile Analysis
Nifty Spot Weekly Profile (21st to 25th Jun 2021) 15860 [ 15896 / 15505 ] Previous week’s report ended with this ‘The weekly profile is a Neutral Centre one with the range as well as Value extending on both sides forming an outside bar with almost overlapping POC at 15717 with Value at 15609-15717-15825. The daily […]
Market Profile Analysis dated 25th June 2021
Nifty Jul F: 15888 [ 15900 / 15802 ] NF opened above previous Value and made a look up above PDH (Previous Day High) as it hit 15875 but could not sustain leading to a liquidation move of the late longs resulting in a low of 15802 in the ‘B’ period. The auction then made […]
Market Profile Analysis dated 24th June 2021
Nifty Jul F: 15832 [ 15860 / 15736 ] NF opened higher above yesterday’s HVN of 15744 rejecting the weak close and got back into previous Value as it left an initiative buying tail in the IB (Initial Balance) from 15768 to 15736 forming a narrow 63 point range. The auction the made similar highs […]
Market Profile Analysis dated 23rd June 2021
Nifty Jun F: 15696 [ 15835 / 15677 ] NF opened right at the top of the Neutral Extreme zone of 15751 to 15792 and probed higher but got rejected from yesterday’s VWAP of 15828 and left a small selling tail in the IB (Initial Balance) after which it made a big C side extension […]
Market Profile Analysis dated 22nd June 2021
Nifty Jun F: 15773 [ 15876 / 15751 ] NF continued previous day’s imbalance to the upside with a gap up open as it swiped through the Value of 16th June in the ‘A’ period after which it left a relatively narrow IB (Initial Balance) range of 64 points while making a high of 15864 […]
Market Profile Analysis dated 21st June 2021
Nifty Jun F: 15744 [ 15760 / 15509 ] NF opened with a huge gap down of 149 points but took support in Friday’s buying tail of 15533 to 15465 after it made a low of 15509 in the ‘A’ period and went on to confirm singles at lows in the IB (Initial Balance) from […]
Weekly Charts (14th to 18th Jun 2021) and Market Profile Analysis
Nifty Spot Weekly Profile (14th to 18th Jun 2021) 15683 [ 15901 / 15450 ] Previous week’s report ended with this ‘The weekly profile remained in a relatively narrow range of 269 points forming a nice balance in spite of being Neutral Extreme with mostly higher Value at 15684-15726-15786 and could fill up the low volume […]
Market Profile Analysis dated 18th June 2021
Nifty Jun F: 15697 [ 15774 / 15465 ] NF opened higher as it tested the previous day’s selling tail and got rejected leading to a late Open Test Drive Down as it fell by more than 100 points in the A period and picked up greater momentum from the ‘B’ period onwards where it […]
Market Profile Analysis dated 17th June 2021
Nifty Jun F: 15692 [ 15777 / 15626 ] NF not only accepted previous day’s spike close but continued the imbalance to the downside with a big gap down open of 120 points as it completed the 2 ATR objective of 15666 from the FA of 15909 and saw some good profit booking by the […]