Market Profile Analysis dated 26th October 2020
Nifty Oct F: 11778 [ 11950 / 11712 ] The hat-trick of Neutral Days led to a trending move in NF as it made an OTD (Open Test Drive) Down breaking below previous day’s low with ease in the ‘A’ period as it went on to leave an initiative selling tail from 11903 to 11950 in […]
Market Profile Analysis dated 23rd October 2020
Nifty Oct F: 11934 [ 11980 / 11908 ] NF formed a hat-trick of Neutal Days as it continued to fill up the less auctioned zone of the Wednesday’s 250 pointer bar forming a nice 3-1-3 profile with higher Value but with the lowest daily range of this series of just 72 points as it currently […]
Weekly charts (19th to 23rd October 2020) and Market Profile Analysis
Nifty Spot Weekly Profile (19th to 23rd Oct) Spot Weekly – 11930 [ 12018 / 11776 ] Previous week’s report ended with this ‘The weekly profile looks like a developing DD (Double Distribution) as Nifty gave a move away from the 3-day balance and the composite POC of 11937 it was forming with a small […]
Market Profile Analysis dated 22nd October 2020
Nifty Oct F: 11898 [ 11935 / 11827 ] NF opened lower and remained below the late PBH (Pull Back High) of 11949 all day forming a balanced profile in previous day’s low volume zone as it confirmed an inside bar both in terms of Range as well as Value leaving a narrow 107 point range […]
Market Profile Analysis dated 21st October 2020
Nifty Oct F: 11927 [ 12017 / 11767 ] NF opened higher much above the yPOC of 11893 and gave an Open Drive on just about average volumes as it took out previous week’s Trend Day high of 11999 & the swing high of 12003 in the IB as it hit 12006 but once again stalled […]
Market Profile Analysis dated 20th October 2020
Nifty Oct F: 11896 [ 11945 / 11831 ] NF opened lower but was swiftly rejected from 11831 as it got back into previous day’s Value as it not only completed the 80% Rule in the ‘A’ period but scaled above PDH (Previous Day High) to hit 11918 after which it formed an inside bar […]
Market Profile Analysis dated 19th October 2020
Nifty Oct F: 11889 [ 11899 / 11818 ] NF opened with a big gap up pf 85 points and remained above PDH (Previous Day High) as it negated the Trend Day Extension handles of 11832 & 11864 while making a high of 11890 in the IB (Initial Balance). The auction then made a C […]
Market Profile Analysis dated 16th October 2020
Nifty Oct F: 11765 [ 11798 / 11673 ] The Trend Day in NF paved way for a balance on Friday as the auction remained in a relatively narrow range of 125 points forming an inside bar and a Normal Day filling up the low volume area of the previous day’s profile and closing right […]
Weekly charts (12th to 16th October 2020) and Market Profile Analysis
Nifty Spot Weekly Profile (12th to 16th Oct) Spot Weekly – 11762 [ 12025 / 11661 ] Previous week’s report ended with this ‘The weekly profile is a Trend Up one with a big range of 486 points and completely higher Value at 11598-11877-11931 but as it goes with trending profiles, we do not look […]
Market Profile Analysis dated 15th October 2020
NF opened in the Neutral Extreme zone of 11945 to 12003 but got rejected from 11999 after which it gave a quick move lower to 11908 in the ‘A’ period where it saw demand coming back leading to a good retracement to 11976 in the ‘B’ period leaving a small tail at both ends in […]