Market Profile Analysis dated 9th August
Nifty Aug F: 11123 [ 11187 / 11068 ] Previous report ended with this ‘The auction has left an extension handle at 10948 and has a huge spike to 11088 with immediate support at 11054-40 zone with the PLR (Path of Least Resistance) to the upside for the 1 ATR move of 11147 from that negated […]
Weekly charts (5th to 9th August) and Market Profile Analysis
Nifty Spot Weekly Profile (5th to 9th August) 11109 [ 11181 / 10782 ] Nifty opened the week with a big gap down of 100 points and fell by another 100 inside the IB (Initial Balance) on Monday but confirmed a FA (Failed Auction) at lows of 10782 indicating that the imbalance to the downside […]