Weekly Charts (02nd to 06th Aug 2021) and Market Profile Analysis
Nifty Spot Weekly Profile (02nd to 06th Aug 2021) 16238 [ 16349 / 15834 ] Previous week’s report ended with this ‘The weekly profile resembles a composite ‘p’ with Value forming completely inside at 15724-15796-15876 as the bracket behaviour on the larger time frame which has been in play since the first week of Jun continues […]
Market Profile Analysis dated 05th August 2021
Nifty Aug F: 16300 [ 16350 / 16220 ] NF made an OAIR start and completed the 80% Rule in previous Value in the ‘A’ period as it made a low of 16220 stalling right above the PBL of 16219 indicating that the downside was limited after which NF continued to build in yesterday’s Value […]
Market Profile Analysis dated 04th August 2021
Nifty Aug F: 16261 [ 16295 / 16188 ] NF continued previous day’s imbalance with not just a higher open but an upside probe till 16270 in the IB (Initial Balance) after which it made the dreaded C side extension hitting new highs of 16295 but could not sustain marking the end of the imbalance […]
Market Profile Analysis dated 03rd August 2021
Nifty Aug F: 16146 [ 16162 / 15912 ] NF opened above previous week’s high of 15920 and took support just above the yPOC of 15910 indicating that the PLR (Path of Least Resistance) was to the upside and gave further confirmation of the same with a small buying tail in the IB (Initial Balance) […]
Market Profile Analysis dated 02nd August 2021
Nifty Aug F: 15909 [ 15918 / 15841 ] NF opened higher well above the overlapping POC of 15808 and got accepted above previous Value forming a narrow 40-point range IB (Initial Balance) after which it made a slow probe higher till the ‘J’ period re-visiting the 27th Jul FA of 15908 and almost completed […]
Market Profile Analysis dated 30th July 2021
Nifty Aug F: 15777 [ 15872 / 15755 ] NF opened lower but got back into previous day’s Value and continued to coil in a 35 point range looking for volumes till the G period after which it made a RE (Range Extension) to the upside in the ‘H’ period and followed it up with […]
Weekly Charts (26th to 30th Jul 2021) and Market Profile Analysis
Nifty Spot Weekly Profile (26th to 30th Jul 2021) 15763 [ 15893 / 15513 ] Previous week’s report ended with this ‘The weekly profile is a Neutral one and looks like a DD (Double Distribution) as it got back into the balance it has been forming over the last 6 weeks after making an attempt to […]
Monthly charts (July 2021) and Market Profile Analysis
Nifty Spot – 15763 [ 15962 / 15513 ] Monthly Profile (July 2021) Previous month’s report ended with this ‘Nifty stayed above the extension handle of 15330 but formed the narrowest monthly range in the last 18 months of just 465 points as the imbalance of previous month led to a balance and a perfect Gaussian Profile with […]
Market Profile Analysis dated 29th July 2021
Nifty Aug F: 15806 [ 15831 / 15752 ] NF opened higher not only negating the selling tail of previous day’s 3-1-3 profile but sustained above PDH as it entered the DD (Double Distribution) singles of 15822 to 15858 from 27th Jul but could only make a high of 15831 forming a narrow range profile […]
Market Profile Analysis dated 28th July 2021
Nifty Jul F: 15709 [ 15775 / 15510 ] NF opened higher right at previous day’s VWAP of 15775 and made a Drive Down falling by a big 145 points in the IB as it made new lows for the week at 15630 tagging the daily VPOC from 20th Jul and left a C side […]