Market Profile Analysis dated 7th August
Nifty Aug F: 10874 [ 10994 / 10862 ] NF made a balance inside previous day’s range & value for most part of the day leaving a big range bar in the ‘F’ period with a 100 point range of 10994 to 10894 which also confirmed a FA at highs as the auction closed as a […]
Market Profile Analysis dated 8th August
Nifty Aug F: 11063 [ 11088 / 10866 ] As expected, the Neutral Extreme profile of previous day failed to given any follow up as NF opened higher and scaled above the Neutral Extreme reference high of 10894 to probe into previous day’s value making a high of 10928 resisting just below the yPOC of 10940 […]
Market Profile Analysis dated 6th August
Nifty Aug F: 10978 [ 11054 / 10831 ] NF opened lower but was met with rejection as it gave a drive up from 10831 leaving singles in the A period & not only scaled above the yPOC of 10885 but went on to get above PDH to tag the 1 ATR move higher of 10946 […]
Market Profile Analysis dated 5th August
Nifty Aug F: 10897 [ 10925 / 10807 ] NF opened the week with a big gap down of 100 points plus an OH (Open=High) start at 10922 after which it gave a big drive lower to fall by another 100+ points as it negated the FA of 10886 and went on to make lows of […]
Weekly charts (29th July to 2nd August) and Market Profile Analysis
Nifty Spot Weekly Profile (29th July to 2nd August) 10997 [ 11311 / 10848 ] Last week’s report mentioned ‘it has left 2 HVNs at 11355 & 11276 in both the balances which would be the levels to watch in the coming week‘ Nifty gave an almost OH (Open=High) start to the week at 11307-11311 […]
Monthly (July 2019) charts and Market Profile analysis
Nifty Spot – 11118 [ 11982 / 10999 ] Monthly Profile (July) Last month’s report ended with this ‘Nifty has made a nice balanced profile for the month with Value being inside previous month’s Value so looks set to give a trending move in July but needs to give a move away from this month’s Value […]
Market Profile Analysis dated 2nd August
Nifty Aug F: 11024 [ 11125 / 10886 ] NF opened with a big gap down right in that buying tail from 10940 to 10901 completely rejecting the previous day’s spike higher of the last 45 minutes as it made a high of 10967 in the IB (Initial Balance) and went on to make new lows […]
Market Profile Analysis dated 1st August
Nifty Aug F: 11015 [11098/10901] Yesterday’s report ended with this line ‘Neutral Extreme profiles have a very poor record of giving a follow up in the next session so can expect the 80% Rule to play out in the next session unless 11145 is sustained. On the downside, the FA will be the important reference which […]
Market Profile Analysis dated 31st July
Nifty Aug F: 11132 [11165/11031] NF opened lower making new lows for the week & continuing the imbalance it began in the form of a spike yesterday as it made lows of 11041 in the ‘A’ period and stayed below the PDL (Previous Day’s Low) for the first 20 minutes to confirm an OAOR start to […]
Market Profile Analysis dated 30th July
Nifty Aug F: 11095 [11290/11080] NF opened higher negating the previous day’s extension handle of 11252 & took support above the yPOC of 11210 as it made a low of 11220 in the IB (Initial Balance) before probing higher filling up the low volume zone of previous day’s DD profile to hit a high of 11290 […]