Weekly Spot Charts (25th to 29th Mar 2024) and Market Profile Analysis
Nifty Spot: 22327 [ 22516 / 21947 ] Nifty opened the week with a narrow 126 point range Normal Day and a ‘p’ shape profile leaving an important A period buying tail at the weekly POC of 22002 indicating that the PLR (Path of Least Resistance) was to the upside though it got stalled at the […]
Monthly charts (March 2024) and Market Profile Analysis
Nifty Spot: 22327 [ 22526 / 21710 ] Previous month’s report can be viewed here Nifty opened the month with a Trend Day Up not only leaving an A period buying tail but also another zone of singles at the monthly VAH of 22260 signalling the move away from previous Value as it even went on […]
Market Profile Analysis dated 27th March 2024
Nifty Mar F: 22167 [ 22210 / 22081 ] Open Type OAIR (Open Auction In Range) Volumes of 11,052 contracts Average Initial Balance 129 points (22210 – 22081) Volumes of 34,491 contracts Average Day Type Normal – 129 pts Volumes of 1,18,439 contracts Below average NF opened with a move away from the 3-day balance leaving […]
Weekly Spot Charts (18th to 22nd Mar 2024) and Market Profile Analysis
Nifty Spot: 22096 [ 22180 / 21710 ] Nifty continued to build on previous week’s POC of 21987 in the first half on Monday where it made an attempt to extend lower in the E period which was rejected leading to a FA being confirmed at 21916 and a Neutral Extreme (NeuX) Day as it stopped […]
Market Profile Analysis dated 20th March 2024
Nifty Mar F: 21910 [ 21988 / 21798 ] Open Type OAIR (Open Auction In Range) Volumes of 11,071 contracts Average Initial Balance 121 points (21963 – 21842) Volumes of 35,841 contracts Average Day Type Neutral Centre – 191 pts Volumes of 1,37,718 contracts Below average NF opened higher and went on to test yVWAP of […]
Market Profile Analysis dated 18th March 2024
Nifty Mar F: 22135 [ 22219 / 22018 ] Open Type OAIR (Open Auction In Range) Volumes of 8,468 contracts Below average Initial Balance 123 points (22123 – 22021) Volumes of 30,349 contracts Average Day Type Neutral – 201 pts Volumes of 1,18,534 contracts Average NF made an OAIR start on low volumes staying below yPOC […]
Market Profile Analysis dated 15th March 2024
Nifty Mar F: 22133 [ 22192 / 22000 ] Open Type OAIR (Open Auction In Range) Volumes of 19,298 contracts Above average Initial Balance 151 points (22192 – 22041) Volumes of 55,998 contracts Above average Day Type Normal Variation – 193 pts Volumes of 1,79,780 contracts Above average NF opened lower well below previous VWAP of […]
Weekly Spot Charts (11th to 15th Mar 2024) and Market Profile Analysis
Nifty Spot: 22023 [ 22526 / 21905 ] Nity opened the week with a probe above ATH of 22525 on Monday but could not sustain leaving an A period selling tail as it got back into previous week’s Value and filled up the upper part of the profile while making a low of 22307 after which […]
Market Profile Analysis dated 14th March 2024
Nifty Mar F: 22264 [ 22329 / 22034 ] Open Type OAIR (Open Auction In Range) Volumes of 18,266 contracts Above average Initial Balance 136 points (22170 – 22034) Volumes of 46,427 contracts Above average Day Type Normal Variation – 295 pts Volumes of 1,78,685 contracts Above average NF made an OAIR start and took support […]
Market Profile Analysis dated 13th March 2024
Nifty Mar F: 22103 [ 22515 / 22025 ] Open Type OAIR (Open Auction In Range) Volumes of 12,725 contracts Average Initial Balance 144 points (22515 – 22371) Volumes of 38,028 contracts Above average Day Type Trend – 490 pts Volumes of 2,29,024 contracts Above average NF opened around the VAH of the 2-day composite but […]