Weekly Charts (01st to 05th Aug 2022) and Market Profile Analysis
Nifty Spot Weekly Profile (01st to 05th Aug 2022) 17397 [ 17490 / 17155 ] Previous week’s report ended with this, ‘The weekly profile is a Neutral Extreme One to the upside with a huge range of 734 points forming overlapping Value at 16434-16602-16890 as the first 3 days built a balance in previous week’s […]
Market Profile Analysis dated 08th Aug 2022
Nifty Aug F: 17557 [ 17584 / 17377 ] NF opened with a test of previous Neutral Centre profile’s responsive buying tail from 17388 to 17363 as it made a low of 17377 and was swiftly rejected leaving a buying tail at the yPOC of 17418 while making a high of 17467 in the IB (Initial […]
Market Profile Analysis dated 05th Aug 2022
Nifty Aug F: 17416 [ 17514 / 17363 ] NF made a higher open negating the previous day’s extension handle of 17427 and continued to rise as it not only tagged the HVN of 17472 but made a RE (Range Extension) in the D period looking up above PDH (Previous Day High) of 17505 while hitting […]
Market Profile Analysis dated 04th Aug 2022
Nifty Aug F: 17387 [ 17505 / 17178 ] NF gave a rare follow up to a NeuX (Neutral Extreme) profile with a higher open but settled down into an OAOR (Open Auction Out of Range) as it formed a very narrow 64 point range IB (Initial Balance) after making new highs for the series at […]
Weekly Charts (29th Jul to 04th Aug 2022) and Market Profile Analysis for NF & BNF
NF (August) Weekly Profile (29th Jul to 04th Aug 2022) 17388 [ 17505 / 17055 ] Friday: NF opened with a 140 point gap up continuing previous week’s NeuX (Neutral Extreme) imbalance after which it made a failed attempt to probe lower resulting in a C side extension to 17055 as the auction formed a […]
Market Profile Analysis dated 03rd Aug 2022
Nifty Aug F: 17407 [ 17426 / 17244 ] NF made an OAIR start & made an attempt to move away from the 2-day composite VAH of 17352 but could only manage to tag 17406 and got swiftly rejected triggering the 80% Rule in the composite Value as it left an initiative selling tail from 17344 […]
Market Profile Analysis dated 02nd Aug 2022
Nifty Aug F: 17346 [ 17420 / 17241 ] NF made a lower open and continued to probe on the downside in the IB as it tested yesterday’s A period singles of 17251 while making a low of 17241 in the B TPO and took support there as was seen in the tiny responsive buying tail […]
Market Profile Analysis dated 01st Aug 2022
Nifty Aug F: 17378 [ 17396 / 17192 ] NF opened above 29th Jul’s NeuX zone high of 17223 but stalled at 17270 which was the 29th Apr NeuX VWAP and made a probe lower getting back into the zone of 17223 to 17173 where it was swiftly rejected after making a low of 17192 reversing […]
Market Profile Analysis dated 29th Jul 2022
Nifty Aug F: 17202 [ 17223 / 17055 ] NF started the new August series with a gap up of 140 points but settled down into an OAOR and made a good C side extension lower to 17055 but failed to completed the 1.5 IB objective of 17050 and settled down to form a nice Gaussian […]
Weekly Charts (25th to 29th Jul 2022) and Market Profile Analysis
Nifty Spot Weekly Profile (25th to 29th Jul 2022) 17158 [ 17173 / 16438 ] Previous week’s report ended with this, ‘The weekly profile is a Trend Up one with completely higher Value at 16302-16654-16752 and a range of 610 points closing around the highs but looks set to return to a balance mode in […]