Market Profile Analysis dated 24th September 2020
Nifty Oct F: 10836 [ 11040 / 10819 ] As expected, NF moved away from the 2-day balance in the form of a big gap down of 138 points after which if formed a balance over the first half of the day and typical of an OAOR start, the auction gave a big move in […]
Market Profile Analysis dated 23rd September 2020
Nifty Sep F: 11147 [ 11245 / 11028 ] NF opened higher well above the first supply point of 11202 but could not take out the higher one at 11255 as it stalled at 11245 after which it probed lower and took support just above previous day’s prominent POC of 11176 as it made a […]
Market Profile Analysis dated 22nd September 2020
Nifty Sep F: 11162 [ 11292 / 11103 ] NF opened slightly higher but could not get above the Neutral Extreme reference of 11324 as it got stalled at 11292 from where it resumed the imbalance seen since yesterday afternoon and it not only broke below PDL (Previous Day Low) but also took out the […]
Market Profile Analysis dated 21st September 2020
Nifty Sep F: 11256 [ 11527 / 11225 ] NF made an OAIR (Open Auction In Range) start on low volumes as it remained mostly above previous week’s VAL for the first half of the day but importantly made a C side extension higher where it got rejected from just below the prominent weekly POC […]
Market Profile Analysis dated 18th September 2020
Nifty Sep F: 11515 [ 11599 / 11455 ] Report to be updated.. Click here to view the weekly balance of NF on MPLite The NF Open was a Open Auction In Range (OAIR) The Day type was a Neutral Extreme Day – Down (NeuX) Largest volume was traded at 11517 F Vwap of the session […]
Weekly charts (14th to 18th September 2020) and Market Profile Analysis
Nifty Spot Weekly Profile (14th to 18th Sep 2020) Spot Weekly – 11505 [ 11618 / 11383 ] Previous week’s report ended with this ‘The weekly profile is a Neutral Extreme one with overlapping to lower Value at 11310-11412-11466 with a close near the VAH so will need to stay above it in the coming […]
Market Profile Analysis dated 17th September 2020
Nifty Sep F: 11522 [ 11578 / 11483 ] NF made a gap down of 95 points rejecting the Neutral Extreme reference of 11603 to 11627 if had left the previous day and took support just above PDL (Previous Day Low) as it made a low of 11515 in the opening minute after which it […]
Market Profile Analysis dated 16th September 2020
Nifty Sep F: 11616 [ 11627 / 11511 ] NF opened above previous Value giving a rare follow up to a NeuX profile which was a bullish sign though it struggled on the upside in the IB as it could not even tag the vPOC of 11550 making a narrow range of just 37 points […]
Market Profile Analysis dated 15th September 2020
Nifty Sep F: 11527 [ 11542 / 11451 ] NF opened slightly higher and took support at 11455 indicating that it wanted to stay in previous day’s Value as it went on make a high of 11506 in the ‘A’ period filling up the low volume zone from 11455 to the extension handle of 11512 […]
Market Profile Analysis dated 14th September 2020
Nifty Sep F: 11452 [ 11569 / 11395 ] NF opened higher and stayed well above previous week’s high confirming the multi-day FA at 11415 but formed a very narrow IB range of just 35 points indicating poor trade facilitation. The auction however made a ‘C’ side extension higher completing the 1 ATR objective of […]