Skip to main content
  • 9284331270
  • support@vtrender.com
  • Log In
Vtrender
  • 9284331270
  • support@vtrender.com
  • Log In
  • Home
  • Features
  • Forum
  • Pricing
  • The Vtrender Trading Room Mentorship Program
  • Training Library
  • About Us
  • Market Profile Charts
  • MarketProfile Ecourse
  • Home
  • Features
  • Forum
  • Pricing
  • The Vtrender Trading Room Mentorship Program
  • Training Library
  • About Us
  • Market Profile Charts
  • MarketProfile Ecourse

Market Profile Analysis dated 18th June 2020

June 19, 2020June 19, 2020 vtrender Blog

Nifty Jun F: 10072 [ 10104 / 9825 ]

HVNs – 9093 / 9275 / 9433 / 9785 / 9894 / 10064 / 10094 / 10140 / 10260

Previous day’s report ended with this ‘The auction could be gearing up for a move away from this zone in the coming sessions and the references on the downside are 9810 & 9746. On the upside, the levels to watch above 9894 would be 9961-93 & 10041‘

NF made yet another OAIR (Open Auction In Range) start holding above 9810 as it made a low of 9825 but stayed below 9894 forming the lowest IB (Initial Balance) range of this series of just 57 points beating the last Thursday’s range by 2 points. The auction then made a C side RE (Range Extension) which got above 9894 but was rejected at yesterday’s VWAP of 9904 from where it made a retracement to VWAP leaving a PBL (Pull Back Low) at 9856. NF then made a fresh RE in the ‘E’ period which started a trending move higher for the rest of the day as it not only completed the 3 IB objective of 9997 but went on to almost tag the 5 IB mark while making a high of 10104 getting stalled just below the VPOC of 10110. The profile has couple of extension handles at 9980 & 10008 plus a spike close of 10032 to 10104 and the spike rules will be in play for the next open.

  • The NF Open was a Open Auction In Range  (OAIR)
  • The day type was a Normal Variation Day with a spike close
  • Largest volume was traded at 10064 F
  • Vwap of the session was at 9957 with volumes of 181.7 L and range of 279 points as it made a High-Low of 10104-9825
  • The 11th June Trend Day VWAP of 9997 would be important supply point. This was briefly taken out on 16/06 but the auction could not sustain above it. This was taken out effectively on 18/06.
  • The 27th May Trend Day VWAP of 9165 would be important support level.
  • The settlement day Roll Over point (Jun) is 9426
  • The VWAP & POC of May Series is 9183 & 9109 respectively.
  • The VWAP & POC of Apr Series is 8999 & 9010 respectively.
  • The VWAP & POC of Mar Series is 9146 & 8592 respectively.

You can check the monthly charts & other swing levels for Nifty & NF here & for the weekly charts & analysis, please click here.

Daily Zones:

  • Value zones (volume profile) are at 9896-10064-10092

Main Hypos for the next session:

a)NF needs to sustain above 10090 for a rise to 10110* / 10140-162 / 10190-220 / 10256* & 10295
b) The auction staying below 10064 can test lower levels of 10032-008 / 9980-55 / 9930 / 9894 & 9868-47

Extended Hypos:
c) Above 10295, NF can probe higher to 10320 / 10350-375 / 10410-419 / 10440-455 & 10509
d) If 9847 is taken out, NF could start a probe to 9810 / 9795-80 / 9735-12 / 9685-62* / 9621


BankNifty Jun F:  20912 [ 20975 / 19977 ]

HVNs – 17800 / 19000 / 19186 / 19870 / 19980 / 20380 / 20750 / 20874 / 21000 / 21084 / (21400) / (21540)

BNF made a weak start for the day after making a high of 20150 as it seemed to move away from the overlapping POC of 20140 in the ‘A’ period but support at 19977 after which it got back above VWAP in the following period and went on to make new highs for the day but similar to NF, left the narrowest IB range of just 215 points for the June series which indicated that a big IB range could be in play for the day. The auction then made a ‘C’ side extension in form of a spike as it made a high of 20300 but was swiftly rejected resulting in a retracement to VWAP as it left a PBL at 20096 in the ‘D’ period. The ‘E’ period then remained in a narrow range of less than 90 points and the ‘F’ period began by a look below ‘E’ but was rejected right at 20141 and this was an important nuance as the auction wanted to stay above the 2-day overlapping POC which meant that the PLR was to the upside resulting in a fresh RE to the upside followed by a huge 800+ point rally over the rest of the day as BNF took out that congestion zone of 20535-640 and made highs of 20975 before closing the day around the important HVN of 20900. Spike rules will apply for the open and the reference is 20490 to 20975.

  • The BNF Open was a Open Auction In Range  (OAIR)
  • The day type was a Normal Variation Day with a spike close
  • Largest volume was traded at 20300 F
  • Vwap of the session was at 20413 with volumes of 82.1 L and range of 998 points as it made a High-Low of 20975-19977
  • The 11th June Trend Day VWAP of 20795 would be important supply point.
  • The 27th May Trend Day VWAP of 18138 would be important support level.
  • The settlement day Roll Over point (Jun) is 19035
  • The VWAP & POC of May Series is 18767 & 19633 respectively.
  • The VWAP & POC of Apr Series is 19605 & 19710 respectively.
  • The VWAP & POC of Mar Series is 22104 & 20248 respectively.

For the Monthly charts & other swing levels for BankNifty & BNF click here & for the weekly charts & analysis, please click here.

Daily Zones:

  • Value zones (volume profile) are at 19984-20300-20694

Main Hypos for the next session:

a) BNF needs to sustain above 20970 for a rise to 21030-132 / 21210-300 / 21420*-528 / 21648-695 & 21785
b) Below 20870, the auction could test 20710-680 / 20600 / 20535-490 / 20400-300 & 20179-040

Extended Hypos:
c) If 21785 is taken out, BNF could start a fresh probe to 21888-932 / 22000-110 / 22200-315 / 22423-560 & 22650
d) Breaking below 20040, there could be a fall to 19975-910 / 19850-725 / 19655-555 / 19450-344 & 19267-186

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://www.explara.com/e/vtrendertradingroomlive

Related

BankNifty Futures charts day trading intraday trading intraday trading strategies market profile Market Profile Trading Strategies Nifty Futures order flow analysis support and resistance technical analysis Trading strategies volume profile trading

Post navigation

Participantwise Open Interest – 18th JUN 2020
Order Flow charts dated 19th June 2020 (5 mins)

Most Read Post

  • Nifty 50 Monthly and Annual returns (1991-2022) updated 30th DEC 2022
  • Example Video- Mentoring room support in market hours
  • What happened at 18165 F today
  • Mid Month report
  • Making sense Sept 2022
  • Making sense Aug 2022
  • A look at Market Structure ahead of the new October series
  • Launching- Overnights
  • Making sense- June July 2022
  • Testimonials
  • Making sense May 2022- Orderflow edition.
  • Making sense April 2022
  • Making sense Feb 22 and March 22
  • Making sense Jan 2022 edition
  • Of our working process through 2021 – with MarketProfile and Orderflow
  • Performance Of The Trading Room In Sept, Oct , Nov Series ( consolidated post)
  • Performance of the Trading Room in August series
  • Performance of the Trading Room in July Series
  • Make TIME your friend in the markets
  • 3 new videos in the Training Library
  • Performance of the Trading Room in the June 2021 series
  • The May 2021 series
  • StressFree trading with #Orderflow
  • We thought you should know April 2021 series
  • We thought you should know March 2021 Series
  • We thought you should know about Feb 2021
  • We thought you should know ! Jan 2021
  • Performance update of MarketProfile strategies used in the Vtrender Trading Room
  • Performance report of MarketProfile and Orderflow (up 32% again) trading strategies used in the Vtrender Trading Room
  • Performance report in Oct (up 32%) based on MarketProfile and Orderflow strategies
  • Performance record in Sept on MarketProfile and Orderflow strategies
  • Performance record in Aug on MarketProfile and Orderflow strategies
  • Training Library refurbished with new strategies
  • Give a man a fish…
  • MarketProfile Performance report in July 2020
  • AMA on 23rd June in the VTR
  • Our Performance with MarketProfile, and the awesome COT
  • The 4 stages of a Trader’s Life. Which one are you in?
  • Vtrender Workshop – Some QnA
  • What is exactly the Orderflow?
  • Data drives everything
  • Volume Spikes – How to exploit them
  • Market Profile The evolution
  • Random Musings on Market Profile
  • Order Flow Analysis – Strategies used to trade
  • How a Market Profile chart gives an edge to trade
  • Level 1- Market Profile Essentials
  • Market profile Trading strategies – Open Outside Ranges
  • Why I trust an OrderFlow chart…
  • Risk Management on Calls
  • OrderFlow Knowledge Base
  • Trading room charts explained
  • IB Extension Set Up- The C Side
  • Vix – Nifty Range Explained
  • Nifty Daily Stats ( IB Breakouts)
  • Nifty – MarketProfile trading strategies- The IB
  • Nifty daily stats ( 1 )
  • Spike Rules
  • Of Failed Auctions and revisits ( FA )
  • Steidlmayer Distribution
  • Market Profile-Day types

Archives

  • January 2023 (120)
  • December 2022 (36)
  • November 2022 (32)
  • October 2022 (36)
  • September 2022 (41)
  • August 2022 (38)
  • July 2022 (40)
  • June 2022 (41)
  • May 2022 (39)
  • April 2022 (32)
  • March 2022 (34)
  • February 2022 (32)
  • January 2022 (36)
  • December 2021 (38)
  • November 2021 (31)
  • October 2021 (32)
  • September 2021 (35)
  • August 2021 (31)
  • July 2021 (37)
  • June 2021 (35)
  • May 2021 (79)
  • April 2021 (111)
  • March 2021 (55)
  • February 2021 (51)
  • January 2021 (54)
  • December 2020 (55)
  • November 2020 (52)
  • October 2020 (57)
  • September 2020 (77)
  • August 2020 (117)
  • July 2020 (95)
  • June 2020 (117)
  • May 2020 (104)
  • April 2020 (94)
  • March 2020 (111)
  • February 2020 (102)
  • January 2020 (116)
  • December 2019 (67)
  • November 2019 (64)
  • October 2019 (60)
  • September 2019 (69)
  • August 2019 (65)
  • July 2019 (73)
  • June 2019 (64)
  • May 2019 (83)
  • April 2019 (80)
  • March 2019 (83)
  • February 2019 (84)
  • January 2019 (95)
  • December 2018 (78)
  • November 2018 (75)
  • October 2018 (85)
  • September 2018 (65)
  • August 2018 (65)
  • July 2018 (76)
  • June 2018 (87)
  • May 2018 (85)
  • April 2018 (72)
  • January 2018 (4)
  • March 2016 (33)
  • February 2016 (90)
  • January 2016 (92)
  • December 2015 (50)
  • November 2015 (75)
  • October 2015 (87)
  • September 2015 (88)
  • August 2015 (89)
  • July 2015 (91)
  • June 2015 (83)
  • May 2015 (49)
  • April 2015 (42)
  • March 2015 (47)
  • February 2015 (41)
  • January 2015 (42)
  • December 2014 (44)
  • November 2014 (35)
  • October 2014 (35)
  • September 2014 (47)
  • August 2014 (31)
  • July 2014 (36)
  • June 2014 (23)
  • May 2014 (21)
  • April 2014 (21)
  • March 2014 (43)
  • February 2014 (40)
  • January 2014 (14)
  • December 2013 (1)
  • November 2013 (8)
  • October 2013 (8)
  • September 2013 (10)
  • August 2013 (11)
  • July 2013 (4)
  • June 2013 (4)
  • May 2013 (22)
  • April 2013 (30)
  • March 2013 (15)
  • February 2013 (20)
  • January 2013 (20)
  • December 2012 (13)
  • November 2012 (13)
  • October 2012 (33)
  • September 2012 (16)
  • August 2012 (11)
  • July 2012 (35)
  • June 2012 (56)
  • May 2012 (57)
  • April 2012 (34)
  • March 2012 (42)
  • February 2012 (27)
  • January 2012 (24)
  • December 2011 (36)
  • November 2011 (50)
  • October 2011 (34)
  • September 2011 (45)
  • August 2011 (60)
  • July 2011 (60)
  • June 2011 (47)
  • May 2011 (56)
  • April 2011 (47)
  • March 2011 (61)
  • February 2011 (62)
  • January 2011 (77)
  • December 2010 (37)
  • November 2010 (68)
  • October 2010 (75)
  • September 2010 (56)
  • August 2010 (44)
  • July 2010 (32)
  • June 2010 (32)
  • May 2010 (45)
  • April 2010 (14)
  • March 2010 (22)
  • February 2010 (12)
  • January 2010 (12)

About Us

The Vtrender Trading room specializes in Nifty and Bank Nifty future. We have charts Of Market Profile and Order Flow Charts + Live analysis + Live commentary + live trades.

We apply he concepts of Market Profile and the Order Flow to the NO and the Bank Nifty.

Explore

  • About Us
  • Forum
  • Pricing
  • The Vtrender Trading Room Mentorship Program
  • Features
  • Training Library

Forum

  • Market Profile Analysis dated 30th Jan 2023 January 30, 2023
  • Participantwise net Open Interest and net equity investments – 30th JAN 2023 January 30, 2023

Address

  • 9511921975
  • support@vtrender.com

Copyright @ 2009 - 2021 Vtrender Inc. All Rights Reserved.

whatsapp whatsapp