Market Profile Analysis dated 04th January 2024
Nifty Jan F: 21786 [ 21810 / 21616 ] Open Type OAIR (Open Auction In Range) Volumes of 16,560 contracts Average Initial Balance 114 points (21730 – 21616) Volumes of 39,847 contracts Above average Day Type Normal Variation – 194 points Volumes of 1,21,774 contracts Average NF made a gap up open trapping the laggard shorts […]
Market Profile Analysis dated 03rd January 2024
Nifty Jan F: 21600 [ 21730 / 21579 ] Open Type OAIR (Open Auction In Range) Volumes of 10,826 contracts Below average Initial Balance 80 points (21730 – 21650) Volumes of 35,841 contracts Average Day Type Normal Variation – 151 points Volumes of 1,35,616 contracts Average NF made an OH (Open=High) at 21730 just below yPOC […]
Market Profile Analysis dated 02nd January 2024
Nifty Jan F: 21756 [ 21870 / 21674 ] Open Type OAIR (Open Auction In Range) Volumes of 12,446 contracts Average Initial Balance 125 points (21870 – 21674) Volumes of 46,046 contracts Above average Day Type Normal Variation – 196 points Volumes of 1,67,847 contracts Above average NF opened in previous value but could not get […]
Market Profile Analysis dated 01st January 2024
Nifty Jan F: 21888 [ 22025 / 21811 ] Open Type OA (Open Auction) Volumes of 8,873 contracts Below average Initial Balance 63 points (21874 – 21811) Volumes of 20,198 contracts Below average Day Type Trend – 214 points Volumes of 1,09,309 contracts Range above average & volumes below NF opened with a probe below PDL […]
Weekly Spot Charts (25th to 29th Dec 2023) and Market Profile Analysis
Nifty Spot: 21731 [ 21801 / 21329 ] Previous week’s report ended with this ‘The weekly profile is a Neutral Centre one with completely higher Value at 21217-21342-21478 with a nice responsive buying tail at lows from 21036 to 20976 along with the daily FA of 21232 from 22nd Dec which will be the references on […]
Monthly charts (December 2023) and Market Profile Analysis
Nifty Dec Spot: 21731 [ 21801 / 20183 ] Previous month’s report ended with this ‘The Monthly Profile is a Trend Up one with an initiative buying tail from 19064 to 18973 along with 3 extension handles at 19096, 19175 & 19276 after which it went on to complete the 80% Rule in the 4-month composite […]
Market Profile Analysis dated 27th December 2023
Nifty Dec F: 21681 [ 21708 / 21507 ] Open Type OA (Open Auction) Volumes of 8,987 contracts Below average Initial Balance 77 points (21584 – 21507) Volumes of 25,277 contracts Below average Day Type Normal Variation – 201 points Volumes of 1,41,482 contracts Above average NF made an almost OL (Open=Low) start at 21510 indicating […]
Market Profile Analysis dated 26th December 2023
Nifty Dec F: 21472 [ 21532 / 21362 ] Open Type OAIR (Open Auction In Range) Volumes of 6,958 contracts Poor Initial Balance 107 points (21469 – 21362) Volumes of 23,954 contracts Range above average and volumes below Day Type Normal Variation – 169 points Volumes of 1,31,234 contracts Average NF made an OAIR start as […]
Weekly Spot Charts (18th to 22nd Dec 2023) and Market Profile Analysis
Nifty Spot: 21349 [ 21593 / 20976 ] Previous week’s profie was a Neutral Extreme one to the upside after it showed weakness on the downside leaving poor lows at 20769 in an attempt to probe below the prior weekly Value and this failure of sellers not only triggered a short covering probe higher but also […]
Market Profile Analysis dated 22nd December 2023
Nifty Dec F: 21402 [ 21474 / 21285 ] Open Type OA (Open Auction) Volumes of 12,279 contracts Below average Initial Balance 123 points (21220 – 21060) Volumes of 37,051 contracts Above average Day Type Neutral – 189 points Volumes of 1,66,585 contracts Above average NF opened above PDH but could not sustain and went on […]