MARKET PROFILE WIZARDS CHEATSHEET
CRUCIAL
LEVELS
AFTER YESTERDAYS’S MARKET HOURS:
NIFTY
BANK NIFTY
PDH
VAH
POC
VAL
PDL
COMPLETE THE MARKET SENTIMENT ANALYSIS:
VALUE AREA MIGRATION : +VE , -VE OR NEUTRAL
2. EXTREMES-SINGLE PRINTS TPO ANALYSIS: +VE , -VE OR
NEUTRAL (“M”SESSION NOT TO BE CONSIDERED)
3. TPO COUNTS:
IN NORMAL DAYS ONLY
1.
ABOVE +VE
POC
BELOW-VE
TODAY:
OPEN DRIVE- ONE WAY
OPEN TEST DRIVE
SINGLE PRINT TPO EXCLUDED
DAY STRUCTURE IDENTIFICATION
AFTER FORMATION OF IB-1 HR
TO BE IDENTIFIED IN FIRST 2 OR 5 MINS




OPEN ABOVE VAH OR BELOW VAL
MARKET SENTIMENT MUST BE +VE FOR BUY
& -VE FOR SELL
OPENED,TESTED LOW, THEN HIGH : +VE
OPENED,TESTED HIGH ,THEN LOW: -VE






BUY ENTRY POINTS
VWAP SUPPORT
PDL
IBL
POSITIVE SINGLE PRINT
HVN
PREVIOUS SUPPORTS
IBH/PDH - INITIATIVE BUYING ONLY
NOTE:
ACCEPTANCE OF IB RANGE w.r.t YESTERDAY’S VALUE
AREA :
+VE , -VE OR NEUTRAL
OPEN TYPE: FROM OPEN TO +VE , -VE OR NEUTRAL
BUYER & SELLER STRENGTH IN IB: DIFFERENCE IN
OPEN & CLOSE OF IB :
+VE , -VE OR NEUTRAL
NIFTY:10 POINTS BN: 20 POINTS
OPENING RANGE: FIRST 30 MINS- WHETHER PRICE
HAS BROKEN LOW(-VE) OR HIGH(+VE) OF FIRST
30MINS,ELSE NEUTRAL
GAP UP (+VE) OR GAP DOWN(-VE) - NIFTY:10 POINTS
BN: 20 POINTS ATLEAST
VOLUME PROFILE SENTIMENT: HIGH VOL NODE w.r.t
PREVIOUS DAY HVN, ABOVE(+VE),BELOW(-VE)
SELL ENTRY POINTS
VWAP RESISTANCE
PDH
IBH
NEGATIVE SINGLE PRINT
HVN
PREVIOUS RESISTANCES
IBL/PDL - INITIATIVE SELLING ONLY
1. LOOK AT CANDLE FORMATION WHEN PRICE REACHES ENTRY POINT: HAMMER,ENGULFING,HARAMI.
2. ENTRY TO BE TAKEN ONLY AT BREAKOUTS/FALSE BREAKOUTS
3. NV DAYS- VWAP & CANDLESTICKS , NEUTRAL DAYS-FALSE BREAKOUTS AT IBH / IBL