Monthly charts (March 2022) and Market Profile Analysis
Nifty Spot – 17464 [ 17560 / 15671 ] Monthly Profile (March 2022) Previous month’s report ended with this ‘The Monthly profile is a Trending one to the downside with a big range of 1591 points with an extension handle at 17674 & overlapping to lower Value at 16891-17409-17619 with 16815 being the immediate reference on the upside […]
Market Profile Analysis dated 31st March 2022
Nifty Apr F: 17544 [ 17610 / 17502 ] NF made an OL (Open=Low) right at yVAL of 17529 and probed higher hitting new highs for the week at 17610 but left similar highs in the IB (Initial Balance) indicating exhaustion in the upmove after which it made a slow move lower for the rest of […]
Market Profile Analysis dated 30th March 2022
Nifty Mar F: 17515 [ 17540 / 17425 ] NF for the second consecutive day gave a follow up to a NeuX profile with a gap up of more than 100 points as it made an almost OH (Open=High) start at 17502 which was also the Weekly 2 IB objective and probed lower and made a […]
Weekly Charts (21st to 25th Mar 2022) and Market Profile Analysis
Nifty Spot Weekly Profile (21st to 25th Mar 2022) 17153 [ 17442 / 17006 ] Previous week’s report ended with this ‘The weekly profile is once again a Neutral Extreme one with overlapping to higher Value at 16644-16872-16932 and has a prominent POC at 16872 which will be the reference on the downside for the week(s) […]
Market Profile Analysis dated 29th March 2022
Nifty Mar F: 17368 [ 17390 / 17269 ] NF gave a rare follow up to a NeuX profile with a gap up open at 17350 and went on to complete the 80% Rule in the 6-day composite Value of 17195-17267-17359 as it made a high of 17359 to the dot in the A period after […]
Market Profile Analysis dated 28th March 2022
Nifty Mar F: 17269 [ 17283 / 17025 ] NF started the day with an OH (Open=High) at 17220 & confirmed an Open Drive Down along with a move away from the 6-day composite as it broke below PDL (Previous Day Low) in the A period itself & went on to make a low of 17061 […]
Market Profile Analysis dated 25th March 2022
Nifty Mar F: 17194 [ 17296 / 17096 ] NF made an OAIR (Open Auction In Range) start and continued to fill up the 5-day composite Value as it formed a very narrow 107 point range in the IB (Initial Balance) between 17296 to 17189 after which it made a typical C side extension to 17177 […]
Market Profile Analysis dated 24th March 2022
Nifty Mar F: 17243 [ 17339 / 17111 ] NF opened with a big gap down of over 150 points and made an OL (Open=Low) freak tick start at 17111 just above 22nd Mar VPOC of 17102 and made a swift entry back into previous day’s range confirming an ORR (Open Rejection Reverse) as it went […]
Market Profile Analysis dated 23rd March 2022
Nifty Mar F: 17272 [ 17464 / 17220 ] NF gave a rare follow up to a NeuX profile opening with a gap up right at the 17th Feb HVN of 17447 but stalled just below that day’s PBH of 17475 as it made a high of 17464 and reversed the probe to the downside for […]
Market Profile Analysis dated 22nd March 2022
Nifty Mar F: 17363 [ 17384 / 17051 ] NF continued previous day’s imbalance with an OTD (Open Test Drive) Down on lower than average volumes as it got rejected from the yPOC of 17162 and broke below the Gap Mid-point of 17113 from 17th Mar while making a low of 17071 in the IB (Initial […]