Weekly Charts (29th Aug to 02nd Sep 2022) and Market Profile Analysis
Nifty Spot Weekly Profile (29th Aug to 02nd Sep 2022) 17539 [ 17777 / 17166 ] Previous week was a nice balance in Nifty with the completly lower Value at 17478-17568-17622 along with a close right near the ultra prominent POC of 17568 which was screaming for a move away from this point. Monday – […]
Monthly charts (August 2022) and Market Profile Analysis
Nifty Spot – 17759 [ 17992 / 17154 ] Monthly Profile (August2022) Previous month’s report ended with this ‘The Monthly Profile is a Trending One to the upside with Value at 15523-15976-16123 and has an initiative buying tail from 15661 to 15511 along with extension handles at 16288 & 16752 in between which there is a zone of […]
Market Profile Analysis dated 01st Sep 2022
Nifty Sep F: 17592 [ 17735 / 17482 ] NF opened with a big 276 point gap down but took support around 30th Aug’s first extension handle of 17537 while making a low of 17530 as it once again got good demand here and went on to form a large IB range of 183 points after […]
Weekly Charts (26th Aug to 01st Sep 2022) and Market Profile Analysis for NF & BNF
NF Weekly Profile (26th Aug to 01st Sep 2022) 17592 [ 17844 / 17250 ] Friday: The NeuX imbalance close of previous session led to a balance being formed with NF filling up the low volume zone between the SOC of 17770 to 17602 forming a 3-1-3 profile with a prominent POC at 17675 Monday: […]
Market Profile Analysis dated 30th Aug 2022
Nifty Sep F: 17827 [ 17844 / 17442 ] NF followed up previous day’s short covering ‘p’ shape profile with a Huge Trend Day Up with aggressive initiative buying right from the open where it left an A period buying tail from 17503 to 17442 and made a record of hitting higher highs on all the […]
Market Profile Analysis dated 29th Aug 2022
Nifty Sep F: 17370 [ 17440 / 17250 ] NF signalled a move away from the 5-day composite with a big gap down of 364 points and swiped through 04th Aug’s resposive buying tail of 17315 to 17245 as it made a low of 17250 taking support just above that day’s Swing Low and formed a […]
Market Profile Analysis dated 26th Aug 2022
Nifty Sep F: 17653 [ 17765 / 17602 ] NF failed to give a follow up yet again to a Neutral Extreme (NeuX) Day as it opened higher above the mid-profile singles mid-point of 17652 and went on to scale above the NeuX VWAP of 17703 which was also an extension handle and made a high […]
Weekly Charts (19th to 25th Aug 2022) and Market Profile Analysis for NF & BNF
NF (August) Weekly Profile (19th to 25th Aug 2022) 17522 [ 17990 / 17383 ] Friday: NF opened the week with an almost OH (Open=High) start at 17990 and broke below previous week’s prominent POC of 17951 with an extension handle at 17940 indicating aggressive sellers coming in after which it went on to break […]
Market Profile Analysis dated 25th Aug 2022
Nifty Sep F: 17588 [ 17824 / 17536 ] NF opened with a gap up but settled down into an OAOR (Open Auction Out of Range) above PDH (Previous Day High) forming a narrow 64 point range IB (Initial Balance) between 17806 to 17743 and after further coiling of range till the D period it made […]
Market Profile Analysis dated 24th Aug 2022
Nifty Aug F: 17617 [ 17635 / 17495 ] NF rejected previous sesssion’s spike close of 17618 to 17644 as it not only opened lower but went on to probe lower in the A period after making a high of 17610 and even broke below yVWAP of 17525 while making a low of 17495. The auction […]