Market Profile analysis dated 04th Oct

A gap down and a test at the open for the probe which attempted a quick move higher was rejected early and the Nifty closed at session lows in a Normal Variation day. We hot the lows of the May composite today and the path of least resistance remains lower. On the higher side any move back up to 10800 would see selling pressure again whereas a fresh leg below the lows of today at 10593 can drive the index down to the 10316-10276 zone .

 

 

A weekly outlook was updated on Saturday at – https://vtrender.com/weekly-outlook-for-the-week-dated-01st-oct-to-5th-oct/

 

Nifty Oct F:

Intraday and swing trading view for  Nifty Futures below the chart. ( This chart is Live in the Vtrender Trading Room)

 

Nf Compo1 2 Market Profile Analysis Dated 04Th Oct

 

 

 

  • The NF Open was an Open test drive
  • The day type was a Normal variation day
  • Largest volume was traded at 10660 F today
  • Vwap of the session was at 10681  with volumes of 199.5 L in a session which traded a High-Low range of 10799-10593 for 206 points

 

For the weekly and other swing levels of the Nifty go to – https://vtrender.com/support-and-resistance-levels-nifty-bank-nifty-futures/

 

Daily Zones:

  • Value zones ( volume profile)  are at 10722-10659-10630  for tomorrow

 

 

For more tradeable ideas and intraday trading strategies based on MarketProfile and the OrderFlow live charts with OrderFlow analysis Live, subscribe to the trading room. The Vtrender Trading Room hosts India’s largest MarketProfile community live every trading session from 9.15 am to 3.30 pm.

If not a Trading Room member you can get immediate access at  –  https://in.explara.com/e/vtrender–trading–room/checkout

 

BNF Oct F:

Intraday Trading strategies using OrderFlow analysis and MarketProfile done Live with a Live analysis in the Vtrender Trading Room

Bnf Compo1 3 Market Profile Analysis Dated 04Th Oct

 

 

 

  • The BNF Open was an Open auction
  • The Day type was a Neutral day
  • Vwap of the day was at  24810  with Volumes of 64.8L and a High – Low of 24967-24620 for a range of 347 points.
  • Largest Volume was traded at 24828 F today

For the weekly and other swing levels of the BankNifty go to – https://vtrender.com/support-and-resistance-levels-nifty-bank-nifty-futures/

 

Daily Zones:

  • Value zones ( volume profile)  are at 24900-24838-24770 for tomorrow

 

For more tradeable ideas and intraday trading strategies based on MarketProfile and the OrderFlow live charts with OrderFlow analysis Live, subscribe to the trading room. The Vtrender Trading Room hosts India’s largest MarketProfile community live every trading session from 9.15 am to 3.30 pm.

If not a Trading Room member you can get immediate access at  –  https://in.explara.com/e/vtrender–trading–room/checkout</strong