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 […]
Market Profile Analysis dated 11th Jul 2022
Nifty Jul F: 16203 [ 16253 / 16106 ] NF opened below PDL (Previous Day Low) and got rejected from the first attempt it made to enter Fridays range after it made a high of 16165 triggering a probe lower in the A period where it tagged 07th Jul’s VPOC of 16112 while making a low […]
Market Profile Analysis dated 08th Jul 2022
Nifty Jul F: 16225 [ 16250 / 16160 ] NF once again opened with a gap up & this time hit exactly a century but made an almost OH (Open=High) start at 16250 stalling just below the important reference of the weekly VPOC of 16272 & settled down into an OAOR (Open Auction Out of Range) […]
Weekly Charts (04th to 08th Jul 2022) and Market Profile Analysis
Nifty Spot Weekly Profile (04th to 08th Jul 2022) 15699 [ 15749 / 15191 ] Previous week, Nifty had opened higher but got rejected from the big selling singles zone of 13th Jun after it made a high of 15927 after which it remained in a narrow range of just 239 points till Thursday forming […]
Weekly Charts (01st to 07th Jul 2022) and Market Profile Analysis for NF & BNF
NF (July) Weekly Profile (01st to 07th Jul 2022) 16148 [ 16165 / 15514 ] NF opened the week with a probe lower on Friday as it gave a move away from the closing 3-day composite of last week & dropped by almost 200 points in the IB after which a typical C side extension […]
Monthly charts (June 2022) and Market Profile Analysis
Nifty Spot – 15780 [ 16794 / 15183 ] Monthly Profile (June 2022) Previous month’s report ended with this ‘The monthly profile was a Double Distribution Trend One Down with completely lower Value at 15785-16340-16401 and looks like a ‘b’ shape with a low volume zone between 16400 to 16920 which it could fill up in the coming […]
Market Profile Analysis dated 07th Jul 2022
Nifty Jul F: 16148 [ 16165 / 16042 ] NF continued previous day’s imbalance with a gap up open of 119 points but stalled at the 26th May HVN of 16130 settling down into an OAOR (Open Auction Out of Range) as it remained within 76 points all of IB (Initial Balance). The auction continued to […]