Market Profile Analysis dated 30th Jun 2022
Nifty Jul F: 15744 [ 15874 / 15707 ] NF made a strong open moving away from the 2-day composite POC of 15782 with an OTD (Open Test Drive) to the upside as it made a high of 15865 in the A period but could only manage marginal new highs of 15874 in the B indicating […]
Weekly Charts (24th to 30th Jun 2022) and Market Profile Analysis for NF & BNF
NF (July) Weekly Profile (24th to 30th Jun 2022) 15744 [ 15933 / 15670 ] NF opened with a gap up on Friday and remained above previous week’s Value of 15324-15584-15608 but could not extend higher post IB (Initial Balance) forming a Normal Day with a prominent TPO POC at 15680 & the Volume POC […]
Market Profile Analysis dated 29th Jun 2022
Nifty Jun F: 15847 [ 15862 / 15712 ] NF not only rejected the previous day’s Spike higher but opened with a big gap down below PDL (Previous Day Low) of 15712 and hit 15678 taking support just above 24th Jun’s TPO HVN of 15672 after which it got back into previous day’s range & value […]
Market Profile Analysis dated 28th Jun 2022
Nifty Jun F: 15847 [ 15862 / 15712 ] NF opened lower & continued to fall gradually in the IB negating the buying singles of previous day as it went on to tag the 24th Jun VPOC of 15712 in the B period forming another narrow IB range of just 77 points. The VPOC of 15712 […]
Market Profile Analysis dated 27th Jun 2022
Nifty Jun F: 15835 [ 15930 / 15819 ] NF opened with a big gap up of 188 points and went on to make a high of 15930 stalling just below the 13th Jun Selling tail top indicating lack of fresh demand in this zone which led to a slow probe lower till the F period […]
Market Profile Analysis dated 24th Jun 2022
Nifty Jun F: 15712 [ 15748 / 15611 ] NF made a gap up open scaling above PDH & the 21st Jun VPOC of 15689 in the A period and went on to tag the weekly VPOC of 15740 while making a high of 15749 but showed lack of demand just below the selling extension handle […]
Weekly Charts (20th to 24th Jun 2022) and Market Profile Analysis
Nifty Spot Weekly Profile (20th to 24th Jun 2022) 15699 [ 15749 / 15191 ] Previous week’s report ended with this ‘The weekly profile is a Double Distribution Trend Down one with completely lower Value at 15390-15762-15882 with a closing HVN at 15308 & has a large low volume zone between 15450 to 15680 which will […]
Weekly Charts (17th to 23rd Jun 2022) and Market Profile Analysis for NF & BNF
NF Weekly Profile (17th to 23rd Jun 2022) 15573 [ 15716 / 15202 ] NF continued last Thursday’s Trend Day Down’s imbalance to the downside with a lower opening on Friday after last Thursday’s settlement at 15348 as it remained below last week’s Value and went on to make new lows for the series at […]
Market Profile Analysis dated 23rd Jun 2022
Nifty Jun F: 15573 [ 15629 / 15360 ] NF gave an OTD (Open Test Drive) start on low volumes as it opened slightly higher & took support right above the yPOC of 15405 to give a trending move higher of 198 points in the IB as it made a high of 15604 scaling above the […]
Market Profile Analysis dated 22nd Jun 2022
Nifty Jun F: 15403 [ 15558 / 15357 ] NF opened lower and remained below the mid-profile singles of 15555 as it got accepted in the previous day’s buying tail negating it completely in the IB after which it made multiple REs (Range Extension) to the downside making a low of 15357 stopping just above the […]