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 […]
Market Profile Analysis dated 07th August 2020
Nifty Aug F: 11226 [ 11250 / 11142 ] HVNs – 10918 / 10970 / 11095 / 11160 / 11196 NF not only made an OAIR start but also remained inside previous day’s Value for most part of the day before making a small spike higher to 11250 in the ‘K’ period which got rejected […]
Weekly charts (03rd to 07th August 2020) and Market Profile Analysis
Nifty Spot Weekly Profile (03rd to 07th Aug 2020) Spot Weekly – 11214 [ 11257 / 10882 ] Previous week’s report ended with this ‘Staying below 11085, Nifty could revist the FA of 10953 and a break of that could start a probe towards the weekly VPOC of 10806 in the coming week(s) and on […]