Nifty Futures had one timeframing for almost 8 trading sessions in a row and every micro dip got bought in this week and ended on a positive note closing at all time high. Market Profile charts neither have shown any signatures of inventory getting long to too long nor any immediate acceptance.
Last two days markets spent it volatility cooling off and currently, India VIX is below 11 levels indicating calm markets.
Next week is a compressed week due to the Market Holiday on Septeber 19th and FED Policy is likely on September 20th, the impact of the FED announcement will be felt in our markets on the 21st of September.
Immediate Market Profile references are 20200 (weaker reference) and 20100 (G2 Low) in a very shorter term.
