Market Profile Analysis dated 20th October 2023
Nifty Oct F: 19527 [ 19576 / 19508 ] Open Type OAIR (Open Auction In Range) Volumes of 10,392 contracts Below average Initial Balance 45 points (19576 – 19531) Volumes of 20,015 contracts Poor Day Type Normal Variation (Gaussian) – 68 points Volumes of 75,889 contracts Poor NF opened lower but took support just above PDL […]
Weekly Spot Charts (16th to 20th Oct 2023) and Market Profile Analysis
Nifty Spot: 19542 [ 19849 / 19512] Previous week’s report ended with this ‘The weekly profile is a Trend One Up which took support in last week’s buying zone and almost completed the 3 IB objective of 19806 but at the same time saw the POC shift higher to 19809 indicating profit booking by the buyers […]