Market Profile Analysis dated 09th September 2021
Nifty Sep F: 17364 [ 17374 / 17301 ] As expected, NF made an OAIR (Open Auction In Range) start and began filling up the low volume zone between 17330 to 17375 as it made a very narrow IB (Initial Balance) of just 47 points and failed in it’s first attempt to extend the range to […]
Weekly Charts (06th to 10th Sep 2021) and Market Profile Analysis
Nifty Spot Weekly Profile (06th to 10th Sep 2021) 17369 [ 17436 / 17254 ] Previous week’s report ended with this ‘The weekly profile is a Trend Up One with a big range of 575 points & completely higher Value at 17016-17112-17292 and staying above 17312 could continue to probe higher in the coming session(s) towards […]
Market Profile Analysis dated 08th September 2021
Nifty Sep F: 17371 [ 17401 / 17276 ] NF for the second day running made an OAIR (Open Auction In Range) start but also remained below the composite POC of 17402 indicating that the PLR (Path of Least Resistance) was to the downside as it formed a narrow 59 point range IB (Initial Balance) and […]
Market Profile Analysis dated 07th September 2021
Nifty Sep F: 17376 [ 17450 / 17300 ] NF got rejected from yesterday’s PBH (Pull Back High) of 16420 at open and probed lower all through the IB (Initial Balance) as it not only swipted through previous value & range but went on to hit a low of 16306 leaving a relatively big IB range. […]
Market Profile Analysis dated 06th September 2021
Nifty Sep F: 17404 [ 17429 / 17361 NF opened with a gap up of 50 points and gave the typical OAOR (Open Auction Out of Range) start as it formed a narrow 50 point IB (Initial Balance) range between new ATH of 17429 & 17379 and made the dreaded C side extension lower where it […]
Market Profile Analysis dated 03rd September 2021
Nifty Sep F: 17329 [ 17342 / 17211 ] NF formed a balanced profile with the narrowest daily range of this series so far after the previous day’s imbalance making a small hint that the trade facilitation on the upside could be getting poorer though the auction formed new all time highs of 17342 into the […]
Weekly Charts (30th Aug to 03rd Sep 2021) and Market Profile Analysis
Nifty Spot Weekly Profile (30th Aug to 03rd Sep 2021) 17323 [ 17340 / 16765 ] Previous week’s report ended with this ‘The weekly profile looks like a composite ‘p’ with mostly higher Value at 16545-16635-16713 and fresh demand above 16694 in the coming session(s) could mean the start of a fresh upmove resulting in a […]
Monthly charts (August 2021) and Market Profile Analysis
Nifty Spot – 17132 [ 17153 / 15834 ] Monthly Profile (August 2021) Previous month’s report ended with this ‘Nifty closed as a Neutral Centre Month with an almost same open & close once again forming a Gaussian profile with slightly higher to overlapping Value at 15701-15804-15883 Nifty opened the month with one of the most narrowest range […]
Market Profile Analysis dated 02nd September 2021
Nifty Sep F: 17247 [ 17263 / 17072 ] NF made a probe below PDL (Previous Day Low) at open almost testing the extension handle of 17069 as it made a low of 17072 and found new demand as it got rejected back into previous day’s range confirming an ORR (Open Rejection Reverse) start after which […]
Market Profile Analysis dated 01st September 2021
Nifty Sep F: 17097 [ 17229 / 17083 ] NF continued previous day’s late imbalance as it opened above the spike zone high 17144 and probed higher till the ‘B’ period where it hit 17229 but left a small selling tail in the IB (Initial Balance) which indicated longs booking out. More confirmation of this came […]