Market Profile Analysis dated 25th August 2021
Nifty Aug F: 16632 [ 16714 / 16615 ] NF continued the imbalance to the upside with a higher open and a tag of the HVN of 16662 along with the re-visit of the FA (Failed Auction) of 16689 on ‘T+4’ Days as it made a Range Extension in the ‘E’ period making a high […]
Market Profile Analysis dated 24th August 2021
Nifty Aug F: 16620 [ 16643 / 16495 ] NF opened higher away from the 2-day composite Value but for the second time in 2 days got rejected from the 18th Aug Trend Day POC of 16559 as it made a high of 16561 and probed lower and went on to make a low of […]
Market Profile Analysis dated 23rd August 2021
Nifty Aug F: 16494 [ 16566 / 16392 ] NF opened with a big gap up of 127 points right at the 18th Aug VPOC of 16559 but made an almost OH (Open=High) start at 16566 indicating rejection from the VPOC and this triggered a trending move lower as the auction left couple of extension […]
Market Profile Analysis dated 20th August 2021
Nifty Aug F: 16434 [ 16504 / 16370 ] NF continued the imbalance of previous session giving yet another follow up to a NeuX (Neutral Extreme) profile with a huge gap down of 172 points as it took support in the initiative buying tail of 13th Aug which also signalled the transistion from imbalance to […]
Weekly Charts (16th to 20th Aug 2021) and Market Profile Analysis
Nifty Spot Weekly Profile (16th to 20th Aug 2021) 16450 [ 16702 / 16376 ] Previous week’s report ended with this ‘The weekly profile has mostly inside Value at 16212-16260-16356 because of the fact that it was in a balance for the majority of the time and has left a buying extension handle at 16375 along […]
Market Profile Analysis dated 18th August 2021
Nifty Aug F: 16572 [ 16689 / 16547 ] NF opened higher hitting giving a rare follow up to the Neutral Extreme Day but settled down into an OAOR (Open Auction Out of Range) forming a very narrow 38 point range in the IB (Initial Balance) where it made a high of 16680. Poor trade […]
Market Profile Analysis dated 17th August 2021
Nifty Aug F: 16596 [ 16610 / 16484 ] NF made the 8th OAIR (Open Auction In Range) start in the last 9 sessions and tagged both ends of previous Value in the A period where it made a high of 16573 and a low of 16515 forming a narrow 59 point range IB (Initial […]
Market Profile Analysis dated 16th August 2021
Nifty Aug F: 16559 [ 16588 / 16462 ] NF opened below the yPOC of 16516 and continued to probe lower as it tested the Trend Day VWAP of 16466 while making a low of 16462 in the ‘A’ period taking support just above the PBL (Pull Back Low) of 16455 indicating that the buyers […]
Market Profile Analysis dated 13th August 2021
Nifty Aug F: 16517 [ 16535 / 16360 ] NF continued the imbalance to the upside with an Open Drive Up on lower volumes and went on to form an OTF (One Time Frame) probe higher all day leaving a Trend Up profile tagging new highs of 16535 as it left an initiative buying tail […]
Weekly Charts (09th to 13th Aug 2021) and Market Profile Analysis
Nifty Spot Weekly Profile (09th to 13th Aug 2021) 16529 [ 16543 / 16162 ] Previous week’s report ended with this ‘The weekly profile is a trending one to the upside as Nifty made a big range of 515 points but represents a DD (Double Distribution) with a small balance at the lows and then a […]