Market Profile Analysis dated 24th June 2021
Nifty Jul F: 15832 [ 15860 / 15736 ] NF opened higher above yesterday’s HVN of 15744 rejecting the weak close and got back into previous Value as it left an initiative buying tail in the IB (Initial Balance) from 15768 to 15736 forming a narrow 63 point range. The auction the made similar highs […]
Market Profile Analysis dated 23rd June 2021
Nifty Jun F: 15696 [ 15835 / 15677 ] NF opened right at the top of the Neutral Extreme zone of 15751 to 15792 and probed higher but got rejected from yesterday’s VWAP of 15828 and left a small selling tail in the IB (Initial Balance) after which it made a big C side extension […]
Market Profile Analysis dated 22nd June 2021
Nifty Jun F: 15773 [ 15876 / 15751 ] NF continued previous day’s imbalance to the upside with a gap up open as it swiped through the Value of 16th June in the ‘A’ period after which it left a relatively narrow IB (Initial Balance) range of 64 points while making a high of 15864 […]
Market Profile Analysis dated 21st June 2021
Nifty Jun F: 15744 [ 15760 / 15509 ] NF opened with a huge gap down of 149 points but took support in Friday’s buying tail of 15533 to 15465 after it made a low of 15509 in the ‘A’ period and went on to confirm singles at lows in the IB (Initial Balance) from […]
Weekly Charts (14th to 18th Jun 2021) and Market Profile Analysis
Nifty Spot Weekly Profile (14th to 18th Jun 2021) 15683 [ 15901 / 15450 ] Previous week’s report ended with this ‘The weekly profile remained in a relatively narrow range of 269 points forming a nice balance in spite of being Neutral Extreme with mostly higher Value at 15684-15726-15786 and could fill up the low volume […]
Market Profile Analysis dated 18th June 2021
Nifty Jun F: 15697 [ 15774 / 15465 ] NF opened higher as it tested the previous day’s selling tail and got rejected leading to a late Open Test Drive Down as it fell by more than 100 points in the A period and picked up greater momentum from the ‘B’ period onwards where it […]
Market Profile Analysis dated 17th June 2021
Nifty Jun F: 15692 [ 15777 / 15626 ] NF not only accepted previous day’s spike close but continued the imbalance to the downside with a big gap down open of 120 points as it completed the 2 ATR objective of 15666 from the FA of 15909 and saw some good profit booking by the […]
Market Profile Analysis dated 16th June 2021
Nifty Jun F: 15790 [ 15885 / 15766 ] NF opened lower and made an attempt to probe above the prominent POC of 15881 but was rejected as it left a small but important selling tail in the IB (Initial Balance) from 15868 to 15885 indicating that the PLR (Path of Least Resistance) for the […]
Market Profile Analysis dated 15th June 2021
Nifty Jun F: 15879 [ 15909 / 15854 ] NF opened with a gap up moving away from the HVN of 15835 and stayed above the FA of 15856 but settled down into an OAOR (Open Auction Out of Range) leaving one of the narrowest daily range of just 55 points over the last 1.5 […]
Market Profile Analysis dated 14th June 2021
Nifty Jun F: 15832 [ 15848 / 15630 ] NF opened with a big gap down of 89 points but gave a quick bounce to the weekly HVN of 15785 in the opening minutes from where it got rejected as initiative sellers entered the auction trigerring a huge fall of more than 150 points in […]