Market Profile Analysis dated 07th October 2020
Nifty Oct F: 11751 [ 11779 / 11638 ] NF opened in the spike zone and made a test below the spike low of 11659 as it hit 11638 but was swiftly rejected as it left a buying tail in the IB (Initial Balance) from 11686 to 11638 and continued the imbalance it has been […]
Market Profile Analysis dated 06th October 2020
Nifty Oct F: 11670 [ 11685 / 11566 ] NF negated the upside tail of previous day’s profile as it opened with a gap up of 65 points and probed above PDH and went on to make new highs for the series at 11604 in the IB (Initial Balance) where it made a very narrow […]
Market Profile Analysis dated 05th October 2020
Nifty Oct F: 11517 [ 11588 / 11450 ] NF continued the imbalance to the upside it had started in the previous session as it opened above PDH (Previous Day High) and drove higher as it first tagged the VPOC of 11508 from 21st Sep and then got into the weekly balance of 14th to […]
Market Profile Analysis dated 01st October 2020
Nifty Oct F: 11435 [ 11447 / 11344 ] NF moved away from the 3-day composite as it opened with a 100 point gap up and made a slow probe higher gaining acceptance in the selling tail of 11343 to 11422 as it hit 11447 leaving a ‘p’ shape profile for the day and closed […]
Weekly charts (28th September to 01st October 2020) and Market Profile Analysis
Nifty Spot Weekly Profile (28th Sep to 01st Oct 2020) Spot Weekly – 11050 [ 11535 / 10790 ] Previous week’s report ended with this ‘The weekly profile resembles a Triple Distribution Down over a big range of 745 points with Value completely lower at 10929-11163-11319. Nifty could attempt to fill up the low volume […]
Monthly (September 2020) charts and Market Profile Analysis
Nifty Spot – 11247 [ 11618 / 10790 ] Monthly Profile (September 2020) Previous month’s report ended with this ‘Value for the month was higher at 11130-11311-11550 and has rejections at both ends with the selling tail being from 11617 to 11794 which would be the supply zone for the coming month. On the downside, […]
Market Profile Analysis dated 30th September 2020
Nifty Oct F: 11257 [ 11295 / 11195 ] NF made an OAIR start and remained in previous day’s range all day to leave an inside bar on the daily as it made multiple rounds of the 80% Rule in previous Value and in the process formed overlapping to higher Value for the second consecutive […]
Market Profile Analysis dated 29th September 2020
Nifty Oct F: 11235 [ 11298 / 11186 ] NF opened higher and went on to make a high of 11298 in the ‘A’ period but could not continue higher as it then broke below VWAP and trended lower getting back into previous day’s range and completing the 80% Rule in the Value Area as […]
Market Profile Analysis dated 28th September 2020
Nifty Oct F: 11238 [ 11249 / 11090 ] NF opened higher well above the Neutral Extreme reference of 11013 to 11077 as it made a low of 11090 in the ‘A’ period and continued to probe higher completing the 2 ATR target of 11165 from Friday’s FA of 10857 in the IB (Initial Balance) […]
Market Profile Analysis dated 25th September 2020
Nifty Oct F: 11042 [ 11077 / 10857 ] NF rejected previous day’s spike with a higher open but got stalled just below the VAH of 10951 as it made a high of 10941 in the IB (Initial Balance) after which it probed lower and even made a C side extension lower as it made […]