Weekly Charts (15th to 21st Jul 2022) and Market Profile Analysis for NF & BNF
NF (July) Weekly Profile (15th to 21st Jul 2022) 16597 [ 16618 / 15930 ] NF opened this week with a Neutral Extreme Day Up on Friday where it filled up the low volume zone of previous week’s profile after making a low of 15930 & spiking higher from 16048 to 16084 into the close. […]
Market Profile Analysis dated 20th Jul 2022
Nifty Jul F: 16519 [ 16577 / 16492 ] NF opened with a big gap up of 174 points and sustained below the weekly VPOC of 16508 but confirmed an OAOR (Open Auction Out of Range) forming just a 47 point range IB & remained in a narrow range of just 86 points all day forming […]
Market Profile Analysis dated 19th Jul 2022
Nifty Jul F: 16347 [ 16364 / 16199 ] NF rejected previous session’s Spike close and opened with a gap down of 100 points but made an OL (Open=Low) start at 16199 just above yPOC of 16191 where it got fresh buying and swiped through previous Value leaving an initiative buying tail from 16268 to 16199 […]
Market Profile Analysis dated 18th Jul 2022
Nifty Jul F: 16300 [ 16313 / 16170 ] NF gave a rare follow up to a NeuX profile with a gap up open of 131 points as it remained above the unvisited extension handle & VWAP of 16166 from 11th Jul and left an initiative buying tail from 16178 to 16068 & made a slow […]
Market Profile Analysis dated 15th Jul 2022
Nifty Jul F: 16068 [ 16084 / 15930 ] NF opened higher and scaled above yesterday’s PBH of 15999 as it made a high of 16034 in the A period but left an initiative selling tail in the IB indicating that the PLR (Path of Least Resistance) was to the downside & after a typical C […]
Weekly Charts (11th to 15th Jul 2022) and Market Profile Analysis
Nifty Spot Weekly Profile (11th to 15th Jul 2022) 16049 [ 16248 / 15858 ] Previous week’s report ended with this, ‘The weekly profile is a Trend One Up with completely higher Value at 15876-16110-16270 and has the higher VPOCs of 16374 & 16626 as probable targets on the upside where as on the downside, […]
Market Profile Analysis dated 14th Jul 2022
Nifty Jul F: 15932 [ 16079 / 15860 ] NF made an OL (Open=Low) start at 15980 and probed higher in the IB (Initial Balance) testing the DD (Double Distribution) singles of 16028 to 16062 as it made a high of 16079 stopping just below the yPOC of 16098 and left a small selling tail triggering […]
Weekly Charts (08th to 14th Jul 2022) and Market Profile Analysis for NF & BNF
NF (July) Weekly Profile (08th to 14th Jul 2022) 15932 [ 16253 / 15860 ] NF continued previous week’s Trend Up imbalance with a gap up open on Friday but made an almost OH (Open=High) start at 16250 stalling just below the weekly VPOC of 16272 which indicated lack of demand in this important zone […]
Market Profile Analysis dated 13th Jul 2022
Nifty Jul F: 15980 [ 16143 / 15962 ] NF rejected the spike close as it made a higher open and sustained above yesterday’s VWAP of 16094 making a slow probe higher in the IB (Initial Balance) where it tagged 16142 once again stalling at Monday’s dPOC & yesterday’s PBH of 16139 continuing the trend of […]
Market Profile Analysis dated 12th Jul 2022
Nifty Jul F: 16044 [ 16150 / 16026 ] NF opened lower negating the extension handle of 16165 and made a brief look down below PDL (Previous Day Low) as it made new lows for the week at 16092 but for the third consecutive day settled down into an OA (Open Auction) forming an IB (Initial […]