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 […]
Monthly charts (July 2022) and Market Profile Analysis
Nifty Spot – 17158 [ 17173 / 15511 ] Monthly Profile (July 2022) Previous month’s report ended with this ‘The monthly profile was once again a Double Distribution Trend One Down with overlapping to lower Value at 15185-15793-16275 and has closed right around the POC and has the mid-profile selling singles from 15927 to 16172 which would be […]
Market Profile Analysis dated 28th Jul 2022
Nifty Aug F: 16955 [ 16965 / 16766 ] NF continued previous day’s Trend Day imbalance with a gap up open as it not only recorded new highs for the week but left another small buying tail in the IB along with an extension handle at 16814 triggering another trending move higher for most part of […]
Weekly Charts (22nd to 28th Jul 2022) and Market Profile Analysis for NF & BNF
NF (August) Weekly Profile (22nd to 28th Jul 2022) 16955 [ 16965 / 16452 ] Friday: NF continued previous week’s imbalance with a higher open after which it made a typical C side extension lower as the attempt to get into previous range was rejected leading to a daily FA being confirmed at 16620 and […]
Market Profile Analysis dated 27th Jul 2022
Nifty Jul F: 16653 [ 16668 / 16438 ] NF made an OA start as it probed below PDL and almost tagged the Gap Mid-point of 16434 while making a low of 16438 in the A period and found some demand coming back in this zone as it left a small but important buying tail in […]
Market Profile Analysis dated 26th Jul 2022
Nifty Jul F: 16491 [ 16635 / 16475 ] NF made an Open Drive Down start on lower than average volumes as it moved away from the yPOC of 16602 with another A period selling tail & went on to complete the 80% Rule in the 2-day composite of 20-21 Jul while making a low of […]
Weekly Charts (18th to 22nd Jul 2022) and Market Profile Analysis
Nifty Spot Weekly Profile (18th to 22nd Jul 2022) 16719 [ 16752 / 16142 ] Previous week’s report ended with this, ‘With the filling up of previous week’s profile looking to be complete, there is a good chance for Nifty to get into imbalance mode once again in the coming week towards the higher weekly […]
Market Profile Analysis dated 25th Jul 2022
Nifty Jul F: 16632 [ 16705 / 16561 ] NF opened lower first negating the extension handle of 16697 and then re-visiting the FA of 16611 as it made a low of 16585 in the B period leaving an initiative selling tail from 16640 to 16705 & continued this imbalance to the downside with couple of […]
Market Profile Analysis dated 22nd Jul 2022
Nifty Jul F: 16722 [ 16757 / 16611 ] NF opened with a small gap up & continued to probe higher moving away from the 2-day Gaussian Profile as it went on to tag 16690 in the A period where it failed to get fresh demand and reversed the probe to the downside leaving an initiative […]