Market Profile Analysis dated 29th September 2021
Nifty Sep F: 17708 [ 17794 / 17613 ] NF opened with a big gap down below the first HVN of 17694 and continued to probe lower breaking below the lower HVN of 17645 as it made a low of 17613 in the ‘A’ period taking support just above the buying singles of 17608 to 17586. […]
Market Profile Analysis dated 28th September 2021
Nifty Sep F: 17748 [ 17904 / 17586 ] NF opened higher but got rejected right at yesterday’s extension handle of 17904 and left an initiative selling tail in the IB (Initial Balance) from 17877 to 17904 to give a huge trending move lower once it made a RE (Range Extension) in the ‘D’ period where […]
Market Profile Analysis dated 27th September 2021
Nifty Sep F: 17856 [ 17940 / 17806 ] NF opened higher and made a freak tick of 18088 but could not sustain above PDH & got rejected back into previous day’s range & value leaving an extension handle at 17904 & completing the 80% Rule as the auction went on to test the singles zone […]
Market Profile Analysis dated 24th September 2021
Nifty Sep F: 17853 [ 17935 / 17820 ] NF continued the Trend Day’s imbalance with a higher open but formed similar highs of 17935 in the A, C & D periods signalling the end of the upmove and the return to balance as the auction made a slow drift lower to 17820 taking support just […]
Weekly Charts (20th to 24th Sep 2021) and Market Profile Analysis
Nifty Spot Weekly Profile (20th to 24th Sep 2021) 17853 [ 17947 / 17326 ] Previous week’s report ended with this ‘Nifty returned to form an imbalance for the week making higher highs on all 5 days leaving a Trend Up Weekly profile but closed with a Neutral Extreme Down Day on Friday indicating massive profit […]
Weekly Charts (13th to 17th Sep 2021) and Market Profile Analysis
Nifty Spot Weekly Profile (13th to 17th Sep 2021) 117585 [ 17793 / 17269 ] Previous week’s report ended with this ‘Last week’s Trend Up profile of imbalance has led to a well balanced Neutral Centre profile this week with a narrow range of just 182 points along with a close right at the prominent POC […]
Market Profile Analysis dated 23rd September 2021
Nifty Sep F: 17833 [ 17845 / 17635 ] NF moved away from previous day’s Gaussian Curve with a big gap up plus an Open Drive as the auction negated the NeuX VWAP of 17675 in the A period itself and left the first of the buying extension handles of the day at 17689 along with […]
Market Profile Analysis dated 22nd September 2021
Nifty Sep F: 17568 [ 17618 / 17521 ] NF made an Open Auction start on low volumes and drifted lower in the A period as it succesfully defended yesterday’s extension handle of 17522 indicating limited downside for the day after which it probed higher in the ‘B’ period leaving a small buying tail in the […]
Market Profile Analysis dated 21st September 2021
Nifty Sep F: 17559 [ 17569 / 17335 ] NF made an OL (Open=Low) start in the lower part of previous day’s NeuX zone of 17355 to 17436 and probed higher scaling above the extension handle of 17436 as it made a high of 17475 in the ‘A’ period stalling just below the Neux VWAP of […]
Market Profile Analysis dated 20th September 2021
Nifty Sep F: 17386 [ 17618 / 17355 ] NF opened with a big gap down of 143 points giving a rare follow up to a Neutral Extreme profile as it broke below the 15th Sep Trend Day VWAP of 17477 while making a low of 17443 but gave a good bounce to 17531 in the […]