Market Profile Analysis dated 10th January 2022
Nifty Jan F: 18048 [ 18058 / 17905 ] NF made an Open Auction start but remained above previous Value & went on to re-visit the FA of 17949 and scale above previous week’s high of 17985 as it hit 18015 in the IB (Initial Balance) and left an initiative tail from 17949 to 17905 but […]
Market Profile Analysis dated 07th January 2022
Nifty Jan F: 17854 [ 17949 / 17736 ] NF opened higher as it got into previous day’s selling singles giving a Drive Up on lower volumes and made a high of 17937 in the IB but made the dreaded C side extension to 17949 and this rejection from just below the 5th Jan VPOC of […]
Weekly Charts (03rd to 07th Jan 2022) and Market Profile Analysis
Nifty Spot Weekly Profile (03rd to 07th Jan 2022) 17813 [ 17945 / 17383 ] Previous week’s report ended with this ‘The weekly profile is a Triple Distribution Trend one up with a buying tail at lows and another zone of singles from 17161 to 17102 seperating the lowermost & middle distribution which contains the ultra […]
Market Profile Analysis dated 06th January 2022
Nifty Jan F: 17788 [ 17845 / 17685 ] NF opened with a big gap down of 130 points & got rejected from just below the HVN of 17848 as it made an Open Drive Down breaking below the 4th Jan VPOC of 17747 while giving a swift fall to 17711 in the A period and […]
Market Profile Analysis dated 05th January 2022
Nifty Jan F: 17961 [ 17985 / 17786 ] NF opened in the spike zone zone of 17819 to 17871 and failed to find fresh demand which led to a probe lower to 17786 in the A period where the buyers came back to defend yesterday’s extension handle of 17783 and left a buying tail in […]
Market Profile Analysis dated 04th January 2022
Nifty Jan F: 17847 [ 17871 / 17632 ] NF opened higher and scaled above the 13th Dec swing high of 17737 but saw profit booking coming in which triggered a probe back into previous day’s range as the auction broke below the dPOC of 17675 and made a low of 17632 stalling right at the […]
Market Profile Analysis dated 03rd January 2022
Nifty Jan F: 17678 [ 17692 / 17410 ] NF continued the imbalance it started on Friday with an Open Test Drive Up as it entered the 13th Dec profile with an initiative tail from 17494 to 17410 and made an OTF (One Time Frame) probe higher as it first left an extension handle at the […]
Market Profile Analysis dated 31st December 2021
Nifty Jan F: 17410 [ 17448 / 17265 ] As expected, NF gave the initiative move away from the 3-day balance as it left a long initiative tail from 17368 to 17265 and went on to make multiple REs higher forming similar highs of 17448 signalling short term exhauction as the auction remained in a narrow […]
Weekly Charts (27th to 31st Dec 2021) and Market Profile Analysis
Nifty Spot Weekly Profile (27th to 31st Dec 2021) 17354 [ 17401 / 16833 ] Previous week’s report ended with this ‘This week’s profile started with a big fall which was retraced and has given a close around the same level as last week though Value has been completely lower at 16764-16872-17094 with a small tail […]
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 […]