Market Profile Analysis dated 09th Jun 2022
Nifty Jun F: 16475 [ 16496 / 16268 ] NF continued previous day’s closing imbalance with a gap down open where it took support at the May series VWAP of 16270 while making a low of 16268 and left an initiative buying tail to get back into previous day’s range after which it made couple of […]
Market Profile Analysis dated 08th Jun 2022
Nifty Jun F: 16365 [ 16548 / 16310 ] NF opened higher in the upper singles of previous profile but could not take out the PDH of 16490 as it made a high of 16485 and reversed the probe to the downside not only swiping through previous Value & buying singles but went on to hit […]
Market Profile Analysis dated 07th Jun 2022
Nifty Jun F: 16429 [ 16490 / 16354 ] NF opened lower and broke below the weekly IBL of 16460 to give a further fall down to 16390 in the B period as it formed a narrow IB (Initial Balance) range of just 100 points leaving tails at both the ends. The auction then made a […]
Market Profile Analysis dated 06th Jun 2022
Nifty Jun F: 16581 [ 16621 / 16460 ] NF continued last Friday’s Trend Day imbalance to the downside with a probe to 16460 in the A period where it took support in the buying singles of 01st Jun and left another small initiative tail in the IB indicating demand coming back in this zone. The […]
Market Profile Analysis dated 03rd Jun 2022
Nifty Jun F: 16604 [ 16790 / 16578 ] NF moved away from the 4-day balance as it opened with a big gap up of 140 points but settled down into an OAOR (Open Auction Out of Range) start forming a very narrow 54 point range IB (Initial Balance) between 16790 to 16736. The auction then […]
Weekly Charts (30th May to 03rd Jun 2022) and Market Profile Analysis
Nifty Spot Weekly Profile (30th May to 03rd Jun 2022) 16584 [ 16794 / 16439 ] Previous week’s report ended with this ‘The weekly profile trended lower for most part after getting rejected from the FA of 16404 but has bounced back sharlpy from the HVN of 15943 and is still almost a Double Inside bar […]
Monthly charts (May 2022) and Market Profile Analysis
Nifty Spot – 16584 [ 17132 / 15735 ] Monthly Profile (May 2022) Previous month’s report ended with this ‘The monthly profile resembles a DD (Double Distribution) with overlapping to higher Value at 16884-17145-17654 and an extension hande at 17423 which separates the 2 distributions of the month. The upper distribution has couple of weekly VPOCs left at […]
Market Profile Analysis dated 02nd Jun 2022
Nifty Jun F: 16621 [ 16645 / 16430 ] NF opened lower but took support in the minute buying tail of yesterday as it made a low of 16430 in the A period & formed a very narrow IB range of just 94 points while making a high of 16524 after which it made a big […]
Market Profile Analysis dated 01st Jun 2022
Nifty Jun F: 16508 [ 16640 / 16425 ] NF opened lower but was swiftly rejected from yesterday’s HVN of 16552 as it got back into the 2-day composite Value of 16575-16643-16663 triggering the 80% Rule but could only make a high of 16640 stopping just short of the POC of 16643 which marked the end […]
Market Profile Analysis dated 31st May 2022
Nifty Jun F: 16577 [ 16692 / 16528 ] NF opened lower but took support in previous day’s buying singles and left an initiative buying tail in the IB (Initial Balance) from 16550 to 16528 after which it got back above yesterday’s VWAP of 16610 leaving an extension handle in the C period and completed the […]