Market Profile Analysis dated 16th June 2021
Nifty Jun F: 15790 [ 15885 / 15766 ] NF opened lower and made an attempt to probe above the prominent POC of 15881 but was rejected as it left a small but important selling tail in the IB (Initial Balance) from 15868 to 15885 indicating that the PLR (Path of Least Resistance) for the […]
Market Profile Analysis dated 15th June 2021
Nifty Jun F: 15879 [ 15909 / 15854 ] NF opened with a gap up moving away from the HVN of 15835 and stayed above the FA of 15856 but settled down into an OAOR (Open Auction Out of Range) leaving one of the narrowest daily range of just 55 points over the last 1.5 […]
Market Profile Analysis dated 14th June 2021
Nifty Jun F: 15832 [ 15848 / 15630 ] NF opened with a big gap down of 89 points but gave a quick bounce to the weekly HVN of 15785 in the opening minutes from where it got rejected as initiative sellers entered the auction trigerring a huge fall of more than 150 points in […]
Market Profile Analysis dated 11th June 2021
Nifty Jun F: 15817 [ 15856 / 15760 ] NF opened higher negating the FA of 15815 but then settled down into an OAOR (Open Auction Out of Range) staying in a narrow range of 54 points after making new highs for the week at 15845 in the IB (Initial Balance). The auction then made […]
Weekly Charts (07th to 11th Jun 2021) and Market Profile Analysis
Nifty Spot Weekly Profile (07th to 11th Jun 2021) 15799 [ 15835 / 15567 ] Previous week’s report ended with this ‘The weekly profile represents a ‘p’ shape with completely higher Value at 15530-15650-15700 and apart from the POC of 15650 has 2 other prominent HVNs at 15571 & 15500 which would be the important references […]
Market Profile Analysis dated 10th June 2021
Nifty Jun F: 15751 [ 15768 / 15657 ] NF opened above the yPOC of 15666 confriming that previous day’s sellers had all booked out and left an initiative buying tail in the IB (Initial Balance) from 15700 to 15657 after which it made a slow probe higher negating the selling extension handle of 15735 […]
Market Profile Analysis dated 09th June 2021
Nifty Jun F: 15660 [ 15815 / 15594 ] NF opened around the composite VAH of 15788 and swiped lower through previous Value taking support right at VAL of 15735 from where it not only gave a quick bounce completing the 80% Rule but went on to make multiple REs (Range Extension) higher in the […]
Market Profile Analysis dated 08th June 2021
Nifty Jun F: 15769 [ 15790 / 15701 ] NF gave a drive down away from yPOC of 15783 negating the extension handle of 15773 after starting with an OH (Open=High) at 15787 and formed the second largest IB (Initial Balance) range of the series of 86 points as it broke below the VPOC of […]
Order Flow charts dated 08th June 2021
Trading Order Flow allows a trader to see the specific price where a trade has hit the market, along with the volume of that trade. This information is extremely valuable and allows a trader to generate substantial revenue by using this information to trade. The way we see it is that Order Flow trading is […]
Market Profile Analysis dated 07th June 2021
Nifty Jun F: 15785 [ 15808 / 15706 ] NF opened higher but could not sustain above the FA point of 15756 triggering a probe lower in the ‘A’ period where it took support right above the yPOC of 15704 indicating that the PLR (Path of Least Resistance) was to the upside. The auction then […]