Monthly charts (December 2021) and Market Profile Analysis
Nifty Spot – 17354 [ 17639 / 16410 ] Monthly Profile (December 2021) Previous month’s report ended with this ‘The Monthly profile is a Neutral Extreme Down one with overlapping to lower Value at 17437-17961-18207 and has left an extension handle at 17688 which will be an important longer term reference and also has a small tail at […]
Of our working process through 2021 – with MarketProfile and Orderflow
We have had a great run through the year 2021 with our Order Flow charts and the trading process we have finetuned at Vtrender using the MarketProfile process. It has helped deliver in up, down and sideways markets. Here is a screenshot of the YTD performance There have been months in the year where the Nifty has […]
Market Profile Analysis dated 30th December 2021
Nifty Jan F: 17268 [ 17317 / 17200 ] NF made a probe below PDL (Previous Day Low) at open but was immediately rejected back as it remained mostly in the 2-day composite Value making mutliple rounds of the 80% Rule forming a hat-trick of narrow range days for this week and a nice 3-day composite […]
Market Profile Analysis dated 29th December 2021
Nifty Dec F: 17216 [ 17287 / 17186 ] NF opened with a probe lower with a swipe through previous Value as it tagged the HVN of 17195 while making a low of 17186 where it got swiftly rejected reversing the auction to the upside making couple of attempts to scale above the the composite VAL […]
Market Profile Analysis dated 28th December 2021
Nifty Dec F: 17247 [ 17259 / 17160 ] NF opened with a gap up above the 23rd Dec extension handle of 17152 making a low of 17160 and settled down into an OAOR (Open Auction Out of Range) as it formed a balanced profile inside a mere 100 point range with the mutliple REs (Range […]
Market Profile Analysis dated 27th December 2021
Nifty Dec F: 17103 [ 17129 / 16842 ] NF opened lower and broke below PDL (Previous Day Low) and continued the probe to the downside falling by more than 100 points in the opening 10 minutes as it made a low of 16842 stalling just above the 22nd Dec FA (Failed Auction) of 16832 indicating […]
Market Profile Analysis dated 24th December 2021
Nifty Dec F: 17004 [ 17160 / 16920 ] NF opened higher for the 4th consecutive session testing the 17th Dec extension handle of 17152 but was swiftly rejected confirming an ORR (Open Rejection Reverse) start to the day and saw some good volume & range expansion as it made a fall of 225 points in […]
Weekly Charts (20th to 24th Dec 2021) and Market Profile Analysis
Nifty Spot Weekly Profile (20th to 24th Dec 2021) 17004 [ 17155 / 16410 ] Previous week’s report ended with this ‘The weekly profile is a trending one to the downside with a big range of 673 points although the Value was completely inside at 17193-17265-17415. The PBH (Pull Back High) of 17108 & the daily […]
Market Profile Analysis dated 23rd December 2021
Nifty Dec F: 17078 [ 17150 / 17040 ] NF continued previous day’s imbalance to the upside with a rare follow up to a Neutral Extreme profile as it opened right at the 1 ATR target of 17076 from the FA (Failed Auction) of 16832 and scaled above 17th Dec VWAP of 17094 making a high […]
Market Profile Analysis dated 22nd December 2021
Nifty Dec F: 16973 [ 16985 / 16832 ] NF opened above the SOC (Scene Of Crime) of 16860 and probed higher but formed similar highs in the IB indicating lack of demand and this led to a probe lower and a C side extension where the auction made new lows of 16832 but took support […]