Desi MO (McClellans Oscillator for NSE) – 3rd OCT 2023
MO at -15
Weekly Spot Charts (25th to 29th Sep 2023) and Market Profile Analysis
Nifty Spot: 19638 [ 19766 / 19492 ] Previous week was a long liquidation Triple Distribution Trend One to the downside in a huge range of 538 points with the upper extension handle at 20121 with a zone of singles till 20017 and another extension handle at 19885 with a zone of singles till 19767 forming […]
Monthly charts (September 2023) and Market Profile Analysis
Nifty Sep Spot: 19638 [ 20222 / 19255 ] Previous month’s report ended with this ‘The monthly profile is a Normal one and a ‘b’ shape long liquidation type with an initiative selling tail from 19645 to 19795 which has formed completely inside Value at 19263-19424-19503 which has kind of filled up previous month’s low volume […]
Market Profile Analysis dated 29th September 2023
Nifty Oct F: 19709 [ 19794 / 19638 ] Open Type OAIR (Open Auction In Range) Volumes of 15,116 contracts Above average Initial Balance 62 points (19700 – 19638) Volumes of 33,395 contracts Range below average & volumes average Day Type DD (Up) – 156 points Volumes of 1,45,026 contracts Average NF made an OAIR start […]