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 […]
Market Profile Analysis dated 21st Jul 2022
Nifty Jul F: 16597 [ 16618 / 16489 ] NF opened with a look down below previous day’s mini-spike low of 16492 but could only tag 16489 and was swiftly rejected back into the Value of the Gaussian Profile triggering the 80% Rule which it not only completed in the IB itself but went on to […]
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 […]