Market Profile analysis dated 24th Oct

We enter the last day of the series tomorrow with buyers showing resolve on prices below 10160 F which has not seen new supply in the OrderFlow charts. There was yet another higher open today which got rejected but the buyers came back in the last hour and pushed back the sellers.

 

The series of Oct has been traded with a vwap of 10482 and largest volume has come at 10318 in the series.

 

The BN has traded with a vwap of 25064 this series and largest volume has come at 24800..

 

I am speaking at depth on how to read the information from the markets in Mumbai on Nov 3. It’s an all-day event. I’m also doing a primer on #OrderFlow

 

Day schedule, Venue, timings, cost and other details at – https://vtrender.com/market-profile-workshop-on-trading-strategies/#
Register your seat at – https://goo.gl/uNvqbT

 

 

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 16 Market Profile Analysis Dated 24Th Oct

 

 

  • The NF Open was an Open rejection lower
  • The day type was a Normal variation day
  • Largest volume was traded at 10190 F Friday
  • Vwap of the session was at 10190  with volumes of 188.8 L in a session which traded a High-Low range of 10277-10115 for 163 points
  • We got an FA at 10212 which was visited on day T+3 . However, the auction did not settle below 10212.
  • The other FA at 10424 stands negated.
  • The vwap of 17/10 at 10558 is the resistance now for rest of series.

 

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

 

( has monthly and weekly Profile charts updated to trade date 18/10)

 

Daily Zones:

  • Value zones ( volume profile) are at 10228-10190-10161 tomorrow

 

Hypos / Estimates for the next session :

 

a) supply now firm at 10260 and at 10560-10580 / 10420 from earlier

b) 10340 was an expected support but is broken and now another supply zone

c) 10081 is the next intra support

 

 

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 18 Market Profile Analysis Dated 24Th Oct

 

 

 

 

  • The BNF Open was an Open rejection
  • The Day type was a Normal variation day
  • Vwap of the day was at 25084 with Volumes of 50.6 L and a High – Low of 25350-24840 for a range of 510 points.
  • Largest Volume was traded at 25112 F today
  • FA seen at 24285 F on day T+11

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

The BN Monthly and BN weekly F charts are posted at the same link

Daily Zones:

  • Value zones ( volume profile) are at 25227-25112-25040 for tomorrow

 

Hypos / Estimates for the next session :

a) The supply at 25460 and the supply at 25260 would prevent upsides

b) support expected at 24870 F and 24750

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