Market Profile Analysis dated 12th September 2023
Nifty Sep F: 20046 [ 20133 / 19970 ] NF opened with a gap up of 76 points and even went on to tag the 27th Jul Extension Handle of 20127 while making a high of 20133 in the opening minutes but failed to get fresh demand which encouraged the sellers to strike which they did […]
Desi MO (McClellans Oscillator for NSE) – 12th SEP 2023
MO at -15 /
Declining volumes spike to 93%
Order Flow charts dated 12th September 2023
Many traders are used to viewing volume as a histogram beneath a price chart. This approach shows the amount of volume traded below the price Bar. The Order Flow approach is to see the Volume traded inside or within the price bar, an important distinction. Order Flow trading is thinking about what order market participants […]
Weekly Spot Charts (04th to 08th Sep 2023) and Market Profile Analysis
Nifty Spot Weekly: 19820 [ 19867 / 19432 ] Previous week’s profile was a Neutral Extreme Up one with overlapping to lower Value at 19280-19340-19361 and an ultra prominent POC at 19340 from where it made a move away on the last day with a hat-trick of extension handles at 19350, 19373 & 19406 confirming a […]
Market Profile Analysis dated 11th September 2023
Nifty Sep F: 20036 [ 20051 / 19892 ] NF opened higher and went on to scale above the 2-day VPOC of 19933 and tag the VAH of 19964 to the dot in the A period after which it left an extension handle right there to make a higher high of 19993 in the B forming […]