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 […]
Market Profile Analysis dated 30th May 2022
Nifty Jun F: 16643 [ 16674 / 16461 ] NF made a gap up plus an OL (Open=Low) start at 16461 & negated the FA of 16499 as it continued to drive higher till the D period where it scaled above the daily extension handle of 16655 and recorded a high of 16672. The auction then made […]
Market Profile Analysis dated 27th May 2022
Nifty Jun F: 16327 [ 16349 / 16201 ] NF continued the previous day’s imbalance with a higher open but stalled just below the 23rd May VPOC of 16325 and saw a slow OTF (One Time Frame) probe lower till the F period where it made a low of 16201 stopping just above the PDH of […]
Weekly Charts (23rd to 27th May 2022) and Market Profile Analysis
Nifty Spot Weekly Profile (23rd to 27th May 2022) 16352 [ 16414 / 15904 ] Previous week’s report ended with this ‘The weekly profile is a Normal Variation one to the upside though the Value has overlapping to lower at 15762-15840-16212 with a close around the HVN of 16248 which will be the immediate reference for […]
Market Profile Analysis dated 26th May 2022
Nifty Jun F: 16168 [ 16193 / 15892 ] NF opened with a gap up above previous session’s DD (Double Distribution Trend Day) POC & VWAP of 16055 & 16077 respectively but could only make a high of 16115 stalling below the HVN of 16124 indicating that the initiative sellers were back and this caused the […]
Market Profile Analysis dated 25th May 2022
Nifty May F: 16014 [ 16221 / 15982 ] NF opened with a small gap up & scaled above the weekly IBL of 16185 but could not take out the selling singles of 16232 as it made a high of 16221 in the A period & reversed the probe to the downside for the rest of […]
Market Profile Analysis dated 24th May 2022
Nifty May F: 16105 [ 16236 / 16034 ] NF made an OL (Open=Low) start at 16150 just below the NeuX low of 16152 and probed higher getting above the NeuX zone high of 16185 but stalled at the weekly POC of 16232 as it made a high of 16236 and probed lower for the rest […]
Market Profile Analysis dated 23rd May 2022
Nifty May F: 16183 [ 16398 / 16152 ] NF probed above the spike zone of 16234 to 16275 at open but was swiftly rejected from 16338 after a test of 18th May PBH of 16325 after which it broke below the spike lows & got into Friday’s Value while making a low of 16185 but […]
Market Profile Analysis dated 20th May 2022
Nifty May F: 16253 [ 16275 / 15968 ] NF once again opened with a huge gap of 219 points & this time it was to the upside as it not only scaled above PDH (Previous Day High) but continued to drive all through the IB (Initial Balance) forming a big range of 201 points while […]
Weekly Charts (16th to 20th May 2022) and Market Profile Analysis
Nifty Spot Weekly Profile (16th to 20th May 2022) 16266 [ 16400 / 15739 ] Previous week’s report ended with this ‘The weekly profile is a Neutral Extreme & Trending One to the downside with a FA at 16404 & completely lower Value at 15984-16308-16392 with a close around the lows so Friday’s NeuX zone of […]