Market Profile Analysis dated 19th October 2020
Nifty Oct F: 11889 [ 11899 / 11818 ] NF opened with a big gap up pf 85 points and remained above PDH (Previous Day High) as it negated the Trend Day Extension handles of 11832 & 11864 while making a high of 11890 in the IB (Initial Balance). The auction then made a C […]
Market Profile Analysis dated 16th October 2020
Nifty Oct F: 11765 [ 11798 / 11673 ] The Trend Day in NF paved way for a balance on Friday as the auction remained in a relatively narrow range of 125 points forming an inside bar and a Normal Day filling up the low volume area of the previous day’s profile and closing right […]
Weekly charts (12th to 16th October 2020) and Market Profile Analysis
Nifty Spot Weekly Profile (12th to 16th Oct) Spot Weekly – 11762 [ 12025 / 11661 ] Previous week’s report ended with this ‘The weekly profile is a Trend Up one with a big range of 486 points and completely higher Value at 11598-11877-11931 but as it goes with trending profiles, we do not look […]
Market Profile Analysis dated 15th October 2020
NF opened in the Neutral Extreme zone of 11945 to 12003 but got rejected from 11999 after which it gave a quick move lower to 11908 in the ‘A’ period where it saw demand coming back leading to a good retracement to 11976 in the ‘B’ period leaving a small tail at both ends in […]
Market Profile Analysis dated 14th October 2020
NF opened lower & got rejected from previous day’s Value as it made new lows for the week at 11835 in the IB (Initial Balance) and stayed below VWAP for the first half of thr day forming a ‘b’ shape profile and even made an attempt to make a RE (Range Extension) lower in the […]
Market Profile Analysis dated 12th October 2020
Nifty Oct F: 11938 [ 12014 / 11867 ] NF opened with an OL (Open=Low) start right at previous day’s high of 11950 continuing the previous week’s imbalance as it went on to make new highs for the series at 12014 in the opening minutes but settled down as an OAOR (Open Auction Out of […]
Market Profile Analysis dated 09th October 2020
Nifty Oct F: 11930 [ 11950 / 11815 ] NF made an OAIR start and took support just above PDH (Previous Day High) as it left similar lows in the IB (Initial Balance) indicating limited downside after which it went on to make multiple REs (Range Extension) higher to close the week at new highs […]
Weekly charts (05th to 09th October 2020) and Market Profile Analysis
Nifty Spot Weekly Profile (05th to 09th Oct 2020) Spot Weekly – 11914 [ 11938 / 11452 ] Previous week’s report ended with this ‘The weekly range & value both are inside previous week and the profile resembles an incomplete DD (Double Distribution) with a nice lower distribution which forms this week’s Value of 11181-11223-11277 […]
Market Profile Analysis dated 08th October 2020
Nifty Oct F: 11832 [ 11914 / 11795 ] NF opened with a gap up of 70+ points well above the 31st Aug swing high of 11794 and continued to probe higher as it left a buying tail in the IB (Initial Balance) and stayed above the day’s VWAP making multiple REs (Range Extension) on […]
Market Profile Analysis dated 07th October 2020
Nifty Oct F: 11751 [ 11779 / 11638 ] NF opened in the spike zone and made a test below the spike low of 11659 as it hit 11638 but was swiftly rejected as it left a buying tail in the IB (Initial Balance) from 11686 to 11638 and continued the imbalance it has been […]