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 […]
Market Profile Analysis dated 12th August 2021
Nifty Aug F: 16359 [ 16369 / 16287 ] NF made an OAIR for the 6th consecutive session but it remained above the yPOC of 16287 & got accepted in previous day’s selling tail of 16292 to 16325 forming the lowest IB (Initial Balance) range of this series of just 40 points but more importantly […]
Market Profile Analysis dated 11th August 2021
Nifty Aug F: 16283 [ 16325 / 16185 ] NF opened higher and tested yesterday’s SOC (Scene Of Crime) of 16319 but got rejected yet again from below that HVN of 16331 as it made a high of 16325 and got back into the 5-day composite Value of 16234-16260-16309 completing the 80% Rule in the […]
Market Profile Analysis dated 10th August 2021
Nifty Aug F: 16277 [ 16359 / 16209 ] NF made the 4th consecutive OAIR (Open Auction In Range) start but remained above the 2-day composite POC of 16266 and probed higher in the IB (Initial Balance) as it got above the composite Value with the help of an initiative buying tail from 16294 to […]
Market Profile Analysis dated 09th August 2021
Nifty Aug F: 16263 [ 16325 / 16182 ] NF made a hat-trick of OAIR (Open Auction In Range) start but seemed to give a move away from the composite POC of 16260 as it left an initiative buying tail in the IB (Initial Balance) from 16302 to 16251 but once again stalled just below […]
Market Profile Analysis dated 06th August 2021
Nifty Aug F: 16252 [ 16333 / 16233 ] NF made yet another OAIR (Open Auction In Range) start though remained above the 2-day composite VAH of 16288 and probed higher in the IB (Initial Balance) as it tagged previous day’s HVN and upper reference of 16331 while making a high of 16333 but could […]
Weekly Charts (02nd to 06th Aug 2021) and Market Profile Analysis
Nifty Spot Weekly Profile (02nd to 06th Aug 2021) 16238 [ 16349 / 15834 ] Previous week’s report ended with this ‘The weekly profile resembles a composite ‘p’ with Value forming completely inside at 15724-15796-15876 as the bracket behaviour on the larger time frame which has been in play since the first week of Jun continues […]