Market Profile Analysis dated 19th Aug 2022
Nifty Aug F: 17759 [ 17990 / 17712 ] NF did not give any follow up to the NeuX (Neutral Extreme) close as it not only opened lower but rejected the spike zone of 17970 to 18004 from previous day by leaving a small A period selling tail and followed it up with an extension handle […]
Weekly Charts (15th to 19th Aug 2022) and Market Profile Analysis
Nifty Spot Weekly Profile (15th to 19th Aug 2022) 17758 [ 17992 / 17710 ] Previous week’s report ended with this, ‘The weekly profile resembles a Double Distribution (DD) Trending One to the upside with completely higher Value at 17502-17670-17724 with 2 prominent HVNs at 17515 & 17670 with the DD singles being from 17635 […]
Weekly Charts (12th to 18th Aug 2022) and Market Profile Analysis for NF & BNF
NF (August) Weekly Profile (12th to 18th Aug 2022) 17980 [ 18004 / 17621 ] Friday: NF opened the week with a test of previous week’s zone of singles from 17664 to 17580 as it made a low of 17621 and left an initiative buying tail and made new highs for the series at 17753 […]
Market Profile Analysis dated 18th Aug 2022
Nifty Aug F: 17980 [ 18004 / 17858 ] NF rejected previous day’s spike close with a lower open and a probe down to 17883 in the A period where it took support in the buying tail of 17896 to 17850 and did a complete U turn in the B period after scaling above VWAP to […]
Market Profile Analysis dated 17th Aug 2022
Nifty Aug F: 17974 [ 17992 / 17868 ] NF opened higher yet again & took support above PDH of 17860 as it made a low of 17868 in the opening minutes & probed higher leaving couple of extension handles at 17911 & 17930 in the B & C periods respectively as it formed another very […]
Market Profile Analysis dated 16th Aug 2022
Nifty Aug F: 17850 [ 17856 / 17780 ] NF gave a move away from the 2-day balance in form of another gap up of 92 points but settled down into an OAOR (Open Auction Out of Range) leaving a narrow range of just 69 points in the IB (Initial Balance) and formed a balanced profile […]
Weekly Charts (08th to 12th Aug 2022) and Market Profile Analysis
Nifty Spot Weekly Profile (08th to 12th Aug 2022) 17698 [ 17724 / 17359 ] Previous week’s report ended with this, ‘The weekly profile is a well balanced one in a narrow range of just 336 points with completely higher Value at 17232-17263-17376 stalling just below the higher weekly VPOC of 17516 which will be […]
Market Profile Analysis dated 12th Aug 2022
Nifty Aug F: 17713 [ 17753 / 17621 ] NF opened the day with a probe to the downside from the HVN of 17680 as it got into the buying singles of 17665 to 17558 and made a low of 17621 taking support just above the Mid-point of 17611 marking the end of the downside for […]
Market Profile Analysis dated 11th Aug 2022
Nifty Aug F: 17685 [ 17736 / 17657 ] NF opened with a big gap up of 153 points but settled down into an OAOR (Open Auction Out of Range) forming an ultra narrow range of just 38 points in the Initial Balance (IB) after forming similar highs at 17736 & 17732 indicating demand drying up […]
Weekly Charts (05th to 11th Aug 2022) and Market Profile Analysis for NF & BNF
NF (August) Weekly Profile (05th to 11th Aug 2022) 17685 [ 17736 / 17363 ] Friday: NF continued previous week’s Trend Day Imbalance with a higher open & marginal new highs of 17514 but ended up forming a Neutral Centre Day with a close around the dPOC of 17418 after it made a low of […]