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 […]
Market Profile Analysis dated 28th September 2023
Nifty Oct F: 19637 [ 19860 / 19610 ] Open Type OAIR (Open Auction In Range) Volumes of 7,404 contracts Below average Initial Balance 95 points (19860 – 19765) Volumes of 26,475 contracts Range above average & volumes average Day Type TD (Trend Down) – 251 points Volumes of 1,84,346 contracts Above average NF made a […]
Market Profile Analysis dated 27th September 2023
Nifty Sep F: 19719 [ 19743 / 19543 ] Open Type OAOR (Open Auction Out of Range) Volumes of 8,939 contracts Below average Initial Balance 99 points (19642 – 19543) Volumes of 26,168 contracts Range above average & volumes average Day Type DD (Double Distribution) – 200 points Volumes of 1,16,186 contracts Range above average & […]
Market Profile Analysis dated 26th September 2023
Nifty Sep F: 19677 [ 19720 / 19641 ] Open Type OAIR (Open Auction In Range) Volumes of 8,668 contracts Below average Initial Balance 61 points (19720 – 19659) Volumes of 16,550 contracts Below average Day Type Normal (Gaussian) – 79 points Volumes of 78,080 contracts Below average NF made a sedate start inside previous range […]
Market Profile Analysis dated 25th September 2023
Nifty Sep F: 19700 [ 19763 / 19626 ] Open Type OA (Open Auction) Volumes of 10,488 contracts Below average Initial Balance 77 points (19722 – 19645) Volumes of 25,274 contracts Average Day Type Neutral (NeuD) – 137 points Volumes of 1,24,504 contracts Average NF made an OH (Open=High) start at 19722 and probed lower making […]
Market Profile Analysis dated 22nd September 2023
Nifty Sep F: 19708 [ 19825 / 19690 ] Open Type OAIR (Open Auction In Range) Volumes of 13,128 contracts Above average Initial Balance 125 points (19815 – 19690) Volumes of 33,868 contracts Above average Day Type Normal Day (N) – 135 points Volumes of 1,13,657 contracts Average NF made an OAIR start taking support right […]
Market Profile Analysis with Weekly Settlement Report (NF) dated 21st September 2023
Nifty Sep F: 19778 [ 19895 / 19745 ] NF continued previous day’s imbalance to the downside with yet another gap down open by 77 points after which it continued to drive lower all through the IB while leaving an extension handle at 19834 in the B period and went on to make a low of […]
Market Profile Analysis with Weekly Settlement Report (BNF) dated 20th September 2023
Nifty Sep F: 19972 [ 20094 / 19931 ] NF gave more confirmation of the upside imbalance of the series coming to a pause with a big gap down open of 129 points as it opened below the 1 ATR objective of 20109 from 18th Sep’s FA of 20234 and continued to drive lower in the […]