Market Profile Analysis dated 20th August 2020
Nifty Aug F: 11305 [ 11360 / 11260 ] NF made a big gap down open of 123 points completing the 1 ATR objective of 11317 as it also tagged the VPOC of 11311 at open while making a low of 11292 in the ‘A’ period and for the second consecutive day formed a narrow […]
Market Profile Analysis dated 19th August 2020
Nifty Aug F: 11421 [ 11466 / 11404 ] NF continued the imbalance of the previous day with a gap up open at new highs for the series and went on to tag 11452 as it stayed above PDH (Previous Day High) in the IB (Initial Balance) but was stuck in a very narrow range […]
Market Profile Analysis dated 18th August 2020
Nifty Aug F: 11398 [ 11417 / 11262 ] Previous day’s report ended with this ‘Value for the day also was completely inside and has a prominent POC at 11230 which could act as support as the 2-day composite represents a DD (Double Distribution) profile so staying above 11263, NF could attempt to tag the […]
Market Profile Analysis dated 17th August 2020
Nifty Aug F: 11187 [ 11397 / 11111 ] NF opened with a big gap up of almost 100 points but also made an almost OH (Open=High) start at 11273 and was rejected from Friday’s VWAP of 11263 as it probed lower in the IB (Initial Balance) closing the gap and making a low of […]
Market Profile Analysis dated 14th August 2020
Nifty Aug F: 11187 [ 11397 / 11111 ] HVNs – 10918 / 10970 / 11095 / 11196 / 11310 NF opened well above the composite POC of 11310 but made a high exactly at the FA of 11366 in the IB leaving one of the narrowest IB range of just 36 points as it […]
Weekly charts (10th to 14th August 2020) and Market Profile Analysis
Nifty Spot Weekly Profile (10th to 14th Aug 2020) Spot Weekly – 11178 [ 11373 / 11111 ] Previous week’s report ended with this ‘the PLR for the coming week remains higher till Nifty stays above 11190 with immediate targets of the weekly VPOC of 11277 & the 1 ATR objective of 11333. On the […]
Market Profile Analysis dated 13th August 2020
Nifty Aug F: 11317 [ 11367 / 11266 ] HVNs – 10918 / 10970 / 11095 / 11160 / 11196 NF opened above 11335 and went on to almost tag the VPOC of 11365 in the IB (Initial Balance) as it made a high of 11362 but remained in a very narrow range of just […]
Market Profile Analysis dated 12th August 2020
Nifty Aug F: 11318 [ 11338 / 11231 ] HVNs – 10918 / 10970 / 11095 / 11160 / 11196 NF opened with a big gap down of more than 100 points giving a hat-trick of OAOR (Open Auction Out of Range) as it made new lows for the week at 11231 but got rejected […]
Market Profile Analysis dated 11th August 2020
Nifty Aug F: 11344 [ 11376 / 11302 ] HVNs – 10918 / 10970 / 11095 / 11160 / 11196 NF opened higher once again confirming a multi-day FA at 11242 and seemed headed towards the 1 ATR objective of 11391 but got stalled at 11377 in the ‘A’ period and lack of new demand […]
Market Profile Analysis dated 10th August 2020
Nifty Aug F: 11293 [ 11335 / 11242 ] HVNs – 10918 / 10970 / 11095 / 11160 / 11196 NF opened higher & stayed above PDH (Previous Day High) as it continued the probe higher in the IB (Initial Balance) while tagging 11322 and left a buying tail from 11296 to 11256 which indicated […]