Market Profile Analysis dated 18th July
Nifty Jul F: 11604 [11665/11590] NF opened lower around the immediate support and PDL (Previous Day’s Low) of 11645-643 and gave a move up as it tagged 11665 in the opening 5 minutes but was rejected from previous day’s Value after which it went on to make new lows at 11630 in the ‘A’ period just […]
Market Profile Analysis dated 17th July
Nifty Jul F: 11676 [11693/11643] NF gave yet another OAIR (Open Auction In Range) start, the sixth in a row which indicated that the auction could be confined to a narrow range and especially after the move away from the composite yesterday. NF made a low of 11643 at open taking support at previous day’s PBL […]
Market Profile Analysis dated 16th July
Nifty Jul F: 11658 [11672/11570] Yesterday’s report closed with this ‘The composite has now extended to 5 days & the Value is 11515-11576-11588 (view the chart here) as NF closed around the POC so unless we get a move away from this POC on the upside in the coming session, the auction is most likely to […]
Market Profile Analysis dated 15th July
Nifty Jul F: 11579 [11600/11515] NF opened higher giving a gap up of almost 40 points and went on to tag 11599 at open where it got rejected to get back into the composite Value it was forming over the past 4 days (details in previous report) as it initiated a 80% Rule probing lower for […]
Market Profile Analysis dated 12th July
Nifty Jul F: 11544 [11642/11530] NF gave a hat-trick of OAIR (Open Auction In Range) start opening around the yPOC of 11577 giving an indication that the auction could continue to balance in the 3-day composite it was forming post the Trend Day Down on Monday which was further confirmed by the rejection above the VAH […]
Weekly charts (8th July to 12th July) and Market Profile Analysis
Nifty Spot Weekly Profile (8th July to 12th July) 11552 [ 11772 / 11461 ] Last week’s report ended with ‘the immediate reference for the coming week would be 11797 to 11828 and failure to get above this would mean the PLR (Path of Least Resistance) would be to the downside in the coming week […]
Market Profile Analysis dated 11th July
Nifty Jul F: 11582 [11606/11528] NF opened higher around the 2-day composite POC of 11553 but was unable to get above the composite VAH of 11565 as it made a high of 11560 in the ‘A’ period after which it probed lower breaking below VWAP closing the gap partially while taking support just above the mid […]
Market Profile Analysis dated 10th July
Nifty Jul F: 11492 [11593/11467] NF gave an OAIR start to the day around the yPOC of 11552 and took support at 11532 before probing higher into yesterday’s selling tail as it tagged 11593 in the ‘B’ period but was not able to get above PDH (Previous Day High). (Click here to view the profile chart […]
Market Profile Analysis dated 9th July
Nifty Jul F: NF opened below the nearest HVN of 11570 and seemed to be giving another drive down as it broke below PDL (Previous Day Low) making a low of 11503 in the opening 10 minutes but got back above VWAP & the previous day’s range immediately giving an Open Auction start to the […]
Market Profile Analysis dated 8th July
Nifty Jul F: Previous report ended with this ‘The close has been in an imbalance so can expect some more downside at open in the next session’ and today not only did NF open with a gap down but also gave a drive lower breaking below the swing low & earlier FA of 11710 in […]