Market Profile Analysis dated 20th December 2021

Nifty Dec F: 16635 [ 16918 / 16431 ] NF opened with a huge gap down of 175 points right at the series low of 16850 negating the weekly FA of 16942 and continued to trend lower till the H period as it left an iniitative selling tail from 16722 to 16918 & left an extensin […]

Market Profile Analysis dated 17th December 2021

Nifty Dec F: 17023 [ 17310 / 17000 ] As expected, NF gave an initiative move away from the 3-day composite balance with an Open Drive Down leaving a long selling tail from 17178 to 17310 in the IB along with an extension handle at 17152 in the A period as it formed a big range […]

Weekly Charts (13th to 17th Dec 2021) and Market Profile Analysis

Nifty Spot Weekly Profile (13th to 17th Dec 2021) 16985 [ 17639 / 16966 ] Previous week’s report ended with this ‘The weekly profile is a Neutral Extreme one with a FA (Failed Auction) at 16892 and also represents a DD (Double Distribution) with the mid-profile singles at 17353 to 17243 with overlapping to higher Value […]

Market Profile Analysis dated 16th December 2021

Nifty Dec F: 17317 [ 17400 / 17233 ] NF opened with a gap up above PDH (Previous Day High) but was swiftly rejected confirming an ORR (Open Rejection Reverse) start to the day as it left an initiative selling tail in the IB and completed the 80% Rule in previous days Value with the help […]

Market Profile Analysis dated 15th December 2021

Nifty Dec F: 17261 [ 17379 / 17217 ] NF opened the day with a move away from the yPOC of 17357 with an initiative selling tail in the IB (Initial Balance) where it went on probe below PDL (Previous Day Low) and like the last 2 sessions made a C side extension lower as it […]

Market Profile Analysis dated 14th December 2021

Nifty Dec F: 17355 [ 17424 / 17265 ] NF continued previous day’s imbalance with a gap down open at 17340 after which it made a freak low of 17230 in the opening minute and remained above 17295 in the IB (Initial Balance) but made similar highs of 17385 & 17388 indicating exhaustion on the upside […]

Market Profile Analysis dated 13th December 2021

Nifty Dec F: 17447 [ 17688 / 17404 ] NF made a gap up open above the November series VWAP of 17635 and went on to make a high of 17688 in the opening minutes stalling just below the 22nd Nov Extension Handle of 17690 as it settled down into an OAOR (Open Auction Out of […]

Market Profile Analysis dated 10th December 2021

Nifty Dec F: 17559 [ 17585 / 17435 ] NF made an OAIR (Open Auction In Range) start but moved away from the yPOC of 17561 as it left an initiative tail in the IB (Initial Balance) from 17537 to 17569 forming the narrowest IB range of this series at just 104 points. The auction remained […]

Weekly Charts (06th to 10th Dec 2021) and Market Profile Analysis

Nifty Spot Weekly Profile (06th to 10th Dec 2021) 17511 [ 17543 / 16892 ] Previous week’s report ended with this ‘The weekly profile has formed completely lower Value at 16980-17136-17250 with a close right in the middle and has tails at both ends with a daily VPOC at 17148 & a FA at 17064 which […]

Market Profile Analysis dated 09th December 2021

Nifty Dec F: 17561 [ 17591 / 17416 ] NF opened higher but got rejected from just below the daily VPOC of 17581 from 25th Nov as it made a high of 17579 and confirmed an ORR (Open Rejection Reverse) Down falling by 129 points in the IB (Initial Balance) while making a low of 17450 […]