Market Profile Analysis dated 09th June 2021
Nifty Jun F: 15660 [ 15815 / 15594 ] NF opened around the composite VAH of 15788 and swiped lower through previous Value taking support right at VAL of 15735 from where it not only gave a quick bounce completing the 80% Rule but went on to make multiple REs (Range Extension) higher in the […]
Market Profile Analysis dated 08th June 2021
Nifty Jun F: 15769 [ 15790 / 15701 ] NF gave a drive down away from yPOC of 15783 negating the extension handle of 15773 after starting with an OH (Open=High) at 15787 and formed the second largest IB (Initial Balance) range of the series of 86 points as it broke below the VPOC of […]
Order Flow charts dated 08th June 2021
Trading Order Flow allows a trader to see the specific price where a trade has hit the market, along with the volume of that trade. This information is extremely valuable and allows a trader to generate substantial revenue by using this information to trade. The way we see it is that Order Flow trading is […]
Market Profile Analysis dated 07th June 2021
Nifty Jun F: 15785 [ 15808 / 15706 ] NF opened higher but could not sustain above the FA point of 15756 triggering a probe lower in the ‘A’ period where it took support right above the yPOC of 15704 indicating that the PLR (Path of Least Resistance) was to the upside. The auction then […]
Market Profile Analysis dated 04th June 2021
Nifty Jun F: 15701 [ 15756 / 15654 ] NF continued the previous day’s Neutral Extreme probe higher at open as it tagged 15750 in the IB (Initial Balance) but the dreaded C side extension got some laggard buyers stuck resulting in a FA being confirmed at 15756 as the auction probed lower for most […]
Weekly Charts (31st May to 04th Jun 2021) and Market Profile Analysis
Nifty Spot Weekly Profile (31st May to 04th Jun 2021) 15670 [ 15733 / 15374 ] Previous week’s report ended with this ‘The weekly profile is a trending one to the upside with higher opening on all 5 days as well as higher highs & lows allbeit in a relatively narrow range of 324 points as […]
Market Profile Analysis dated 03rd June 2021
Nifty Jun F: 15712 [ 15720 / 15635 ] NF opened higher well above the Neutral Extreme zone of 15588 to 15632 completing the 1 ATR target of 15648 from the FA of 15502 but settled down into an OAOR (Open Auction Out of Range) forming one of the narrowest IB (Initial Balance) range of […]
Market Profile Analysis dated 02nd June 2021
Nifty Jun F: 15617 [ 15632 / 15502 ] NF opened lower and moved away from previous value with the help of an initiative selling tail in the IB (Initial Balance) where it made a low of 15516 but could not extend further even till the ‘G’ period which meant that the seller was doing […]
Market Profile Analysis dated 01st June 2021
Nifty Jun F: 15618 [ 15660 / 15546 ] NF made yet another higher open and took support right at PDH (Previous Day High) of 15600 as it probed higher in the A period to hit new highs of 15660 but could not extend any further settling down into a typical OAOR narrow range of […]
Market Profile Analysis dated 31st May 2021
Nifty Jun F: 15583 [ 15600 / 15410 ] NF opened right at the prominent POC of 15464 and probed lower in seach of fresh demand as it broke below previous low & FA of 15420 but got swiftly rejected from 15410 reversing the probe to the upside as it not only left a long […]