Market Profile Analysis dated 27th July 2021
Nifty Jul F: 15735 [ 15870 / 15693 ] NF opened a bit higher with an OL (Open=Low) start at 15840 and went on to test the first business area of 15861 as it made a high of 15870 but could not get above the composite VAH of 15873 leaving one of the most narrow […]
Market Profile Analysis dated 26th July 2021
Nifty Jul F: 15820 [ 15880 / 15781 ] NF opened with a gap down of 72 points but also made an OL (Open=Low) start at 15781 as it took support at the PBL (Pull Back Low) of 15795 and reversed the probe to the upside initiating the 80% Rule in previous Value for the […]
Market Profile Analysis dated 23rd July 2021
Nifty Jul F: 15853 [ 15897 / 15763 ] NF opened higher making new highs for the week at 15867 but was swiftly rejected confirming an ORR (Open Rejection Reverse) as it swiped through previous day’s Value falling by more than 100 points in the ‘A’ period but stopped just above the extension handle of […]
Weekly Charts (19th to 23rd Jul 2021) and Market Profile Analysis
Nifty Spot Weekly Profile (19th to 23rd Jul 2021) 15856 [ 15899 / 15578 ] Previous week’s report ended with this ‘The weekly profile is a trending one to the upside with overlapping to higher Value at 15771-15921-15951 and has an extension handle at that ultra-prominent POC of 15822 but the shifting of the POC to […]
Market Profile Analysis dated 22nd July 2021
Nifty Jul F: 15817 [ 15829 / 15700 ] NF opened with a gap up well above the upside reference of 15685 and contiued to drive higher as it tagged the VPOC of 15757 in the A period & left an extension handle right there to continue an OTF (One Time Frame) probe till the […]
Market Profile Analysis dated 20th July 2021
Nifty Jul F: 15637 [ 15741 / 15586 ] NF opened lower and continued previous day’s imbalance to the downside with an ORR (Open Rejection Reverse) from yesterday’s IBL leaving yet another initiative selling tail from 15745 to 15683 after which it went on to make new lows for the series at 15616 with a […]
Market Profile Analysis dated 19th July 2021
Nifty Jul F: 15752 [ 15836 / 15706 ] NF made a big gap down of 166 points and re-visited the FA of 15758 it had left on 13th July and took support there as it made a low of 15743 in the ‘A’ period after which it made a probe higher but could only […]
Weekly Charts (12th to 16th Jul 2021) and Market Profile Analysis
Nifty Spot Weekly Profile (12th to 16th Jul 2021) 15923 [ 15962 / 15645 ] Previous week’s report ended with this ‘The weekly profile which was a Neutral Extreme Down one has exactly the same range as previous week with slightly overlapping to higher Value at 15738-15822-15906 and an overlapping POC at 15822 which would be […]
Market Profile Analysis dated 16th July 2021
Nifty Jul F: 15936 [ 15970 / 15890 ] NF made an OAIR (Open Auction In Range) start and made an attempt to scale above PDH (Previous Day High) twice in the IB (Initial Balance) but left similar highs of 15970 which indicated lack of demand at the new ATH (All Time High) and this […]
Market Profile Analysis dated 15th July 2021
Nifty Jul F: 15937 [ 15967 / 15866 ] NF opened at yesterday’s higher HVN of 15870 and moved away from the 17-day balance of 15753-15827-15900 first with the help of a small buying tail in the IB (Initial Balance) and then with a C side extension handle at 15908 as it finally tagged the […]