Weekly Spot Charts (19th to 23rd Aug 2024) and Market Profile Analysis
Nifty Spot: 24823 [ 24867 / 24523 ] Triple Distribution (Up) Previous week’s report ended with this ‘The weekly profile is a Neutral Extreme (NeuX) one to the upside with almost similar value as previous week at 24111-24149-24371 with the NeuX zone being from 24472 to 24564 which will be the support for the coming week […]
Market Profile Analysis dated 22nd Aug 2024
Nifty Aug F: 24840 [ 24873 / 24805 ] Open Type OAOR (Open Auction) Volumes of 19,758 contracts Poor Initial Balance 58 points (24863 – 24805) Volumes of 43,519 contracts Poor Day Type Normal – 68 pts Volumes of 1,32,026 contracts Below average NF opened higher but settled down into an OAOR not getting any fresh […]
Market Profile Analysis dated 21st Aug 2024
Nifty Aug F: 24798 [ 24806 / 24685 ] Open Type OAIR (Open Auction) Volumes of 11,911 contracts Poor Initial Balance 70 points (24755 – 24685) Volumes of 33,669 contracts Poor Day Type Normal Variation – 122 pts Volumes of 1,19,193 contracts Below average NF made another low volume OAIR start but important took support just […]
Market Profile Analysis dated 20th Aug 2024
Nifty Aug F: 24711 [ 24765 / 24624 ] Open Type OAIR (Open Auction) Volumes of 14,709 contracts Poor Initial Balance 135 points (24759 – 24624) Volumes of 56,510 contracts Average Day Type Normal (‘p’ shape) – 141 pts Volumes of 1,50,366 contracts Below average NF made a sedate start on poor volumes but stayed above […]
Market Profile Analysis dated 19th Aug 2024
Nifty Aug F: 24595 [ 24661 / 24533 ] Open Type OA (Open Auction) Volumes of 20,099 contracts Below average Initial Balance 76 points (24661 – 24585) Volumes of 50,405 contracts Average Day Type 3-1-3 Gaussian – 129 pts Volumes of 1,51,933 contracts Above average NF opened higher giving a rare follow up to a Neutral […]
Market Profile Analysis dated 16th Aug 2024
Nifty Aug F: 24585 [ 24606 / 24233 ] Open Type OD (Open Drive) Volumes of 52,972 contracts Above average Initial Balance 134 points (24435 – 24301) Volumes of 96,741 contracts Average Day Type Neutral Extreme – 313 pts Volumes of 3,81,625 contracts Above average to be updated… to be updated… Click here to view the […]
Weekly Spot Charts (12th to 16th Aug 2024) and Market Profile Analysis
Nifty Spot: 24541 [ 24564 / 24099 ] Neutral Extreme (Up) Previous week’s report ended with this ‘The weekly profile is also a well balanced Normal one but has an initiative selling tail from 24409 to 24696 due to the gap down open and has formed completely lower Value at 24138-24229-24379 with a close near the […]
Market Profile Analysis dated 14th Aug 2024
Nifty Aug F: 24174 [ 24228 / 24122 ] Open Type OA (Open Auction) Volumes of 20,890 contracts Below average Initial Balance 77 points (24199 – 24122) Volumes of 50,177 contracts Poor Day Type Normal – 107 pts Volumes of 1,80,341 contracts Poor The trend day imbalance led to a narrow range balance as NF made […]
Market Profile Analysis dated 13th Aug 2024
Nifty Aug F: 24161 [ 24390 / 24125 ] Open Type OAIR (Open Auction) Volumes of 18,952 contracts Below average Initial Balance 67 points (24390 – 24322) Volumes of 44,704 contracts Poor Day Type Trend Down – 265 pts Volumes of 2,27,964 contracts Average NF made an OAIR start forming a very narrow range of just […]
Market Profile Analysis dated 12th Aug 2024
Nifty Aug F: 24356 [ 24530 / 24272 ] Open Type OAIR (Open Auction) Volumes of 26,361 contracts Below average Initial Balance 112 points (24384 – 24272) Volumes of 65,491 contracts Below average Day Type Normal Variation – 258 pts Volumes of 2,63,966 contracts Average NF made a weak open below previous VWAP & continued to […]