Market Profile Analysis dated 15th July 2021
Nifty Jul F: 15937 [ 15967 / 15866 ] NF opened at yesterday’s higher HVN of 15870 and moved away from the 17-day balance of 15753-15827-15900 first with the help of a small buying tail in the IB (Initial Balance) and then with a C side extension handle at 15908 as it finally tagged the […]
Market Profile Analysis dated 14th July 2021
Nifty Jul F: 15869 [ 15893 / 15777 ] NF opened lower right at yesterday’s VWAP of 15805 and continued to probe lower in the IB (Initial Balance) where it made a low of 15777 but left a small buying tail and left a strong buying extension handle at 15822 in the C period and […]
Market Profile Analysis dated 13th July 2021
Nifty Jul F: 15834 [ 15842 / 15758 ] NF opened higher above the previous day’s DD (Double Distribution) singles of 15739 to 15760 as it stalled right at PDH (Previous Day High) of 15812 in the ‘A’ period and began to coil in a narrow range of just 45 points till the ‘C’ period […]
Market Profile Analysis dated 12th July 2021
Nifty Jul F: 15712 [ 15812 / 15657 ] NF opened higher right at 8th July’s Trend Day VWAP of 15777 but settled down into an OAOR (Open Auction Out of Range) as it formed a very narrow IB (Initial Balance) range of just 37 points and made a C side extension higher hitting new […]
Market Profile Analysis dated 09th July 2021
Nifty Jul F: 15722 [ 15755 / 15641 ] NF continued previous day’s imbalance at open as it not only made new lows for this week but went on to re-visit the FA and last week’s low of 15659 in the opening minutes as it made a low of 15641 but formed a narrow IB […]
Weekly Charts (05th to 09th Jul 2021) and Market Profile Analysis
Nifty Spot Weekly Profile (05th to 09th Jul 2021) 15690 [ 15914 / 15632 ] Previous week’s report ended with this ‘The weekly Value was once again mostly overlapping at 15702-15822-15840 continuing the balance for the 4th consecutive week as the move away on both sides was rejected first by a selling tail at top from […]
Market Profile Analysis dated 08th July 2021
Nifty Jul F: 15735 [ 15890 / 15694 ] NF opened lower but took support at the yPOC of 15843 and probed higher in the opening minutes as it made a high of 15890 stalling just below the SOC (Scene Of Crime) of 15893 from 6th July clearly rejecting previous day’s spike close as it […]
Market Profile Analysis dated 07th July 2021
Nifty Jul F: 15886 [ 15900 / 15788 ] NF opened lower and took support in the buying tail of 15815 to 15741 as it made a low of 15788 and got back into previous day’s range confirming an ORR (Open Rejection Reverse) start leaving a fresh buying tail in the IB (Initial Balance) which […]
Market Profile Analysis dated 06th July 2021
Nifty Jul F: 15837 [ 15930 / 15815 ] NF continued the upside probe with yet another initiative buying tail in the ‘A’ period as it made an OTF (One Time Frame) probe higher till rhe ‘F’ period where it not only completed the 80% Rule in the 7-day composite (22nd Jun to 30th Jun) […]
Market Profile Analysis dated 05th July 2021
Nifty Jul F: 15858 [ 15868 / 15785 ] NF moved away from the 2-day balance at open and as expected initiated the 80% Rule in the larger 7-day composite (22nd Jun to 30th Jun) of 15794-15831-15894 making a slow probe higher all day forming a ‘p’ shape profile for the day with a close […]