Market Profile Analysis dated 26th Mar 2020

Nifty Apr F:  8677 [ 8780 / 8335 ]

HVNs – 7900 / 8266

Report to be updated…

Nf Compo1 19 Market Profile Analysis Dated 26Th Mar 2020 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

  • The NF Open was a Open Rejection Reverse (Up) (ORR)
  • The day type was a Normal Day (‘p’ shape profile)
  • Largest volume was traded at 8670 F
  • Vwap of the session was at 8621 with volumes of 229.6 L and range of 445 points as it made a High-Low of 8780-8335
  • NF confirmed a FA at 7521 on 24/03  and tagged the 2 ATR objective of 8595 on 26/03. This FA is currently on ‘T+3’ Days.
  • NF confirmed a FA at 9384 on 17/03  and tagged the 2 ATR move of 8613 on 18/03. This FA has not been tagged and is positional supply point.
  • The settlement day Roll Over point (Apr) is 8686
  • The VWAP & POC of Mar Series is 9238 & 11289 respectively.
  • The VWAP & POC of Feb Series is 11944 & 12125 respectively.
  • The VWAP & POC of Jan Series is 12178 & 12132 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 8562-8670-8742

Main Hypos for the next session – NIFTY SPOT:

A) Nifty needs to sustain above 8650 for a move to 8696 / 8732-43 / 8790-94 / 8837-84 & 8915-31
B) The auction has immediate support at 8624-03 below which it could test 8555 / 8518-11 / 8465-54 / 8415-8373 & 8323-05

Extended Hypos:
C) If 8931 is taken out, Nifty can probe higher to 8978 / 9025-73 / 9113-69 / 9217 & 9265-82*
D) Break of 8305 could bring lower levels of 8279 / 8236-26 / 8191-46 / 8101 / 8069-56 & 8011


BankNifty Apr F:  19339 [ 20248 / 18215 ]

HVNs – 19700 / 19020

Bnf Compo1 18 Market Profile Analysis Dated 26Th Mar 2020 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

Report to be updated…

  • The BNF Open was a Open Rejection Reverse (Up) (ORR)
  • The day type was a Normal Day (‘p’ shape profile)
  • Largest volume was traded at 19356 F
  • Vwap of the session was at 19416 with volumes of 27 L and range of 2033 points as it made a High-Low of 20248-18215
  • The Trend Day VWAP of 18/03 at 20990 will be an important positional supply point in the days to come.
  • The settlement day Roll Over point (Apr) is 19380
  • The VWAP & POC of Mar Series is 25502 & 20302 respectively.
  • The VWAP & POC of Feb Series is 30692 & 30692 respectively.
  • The VWAP & POC of Jan Series is 31425 & 32104 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 18948-19356-19944

Main Hypos for the next session – BANKNIFTY SPOT:

A) BankNifty needs to sustain above 19671 for a rise to 19747 / 19811-821 / 19882-890 / 19952 & 20022-94 and acceptance above 20094 could go for 20194-165 / 20235 / 20296-307 / 20390-449 & 20521-593
B) Immediate support is at 19600 below which the auction could test 19530-461 / 19429-390 / 19321-252 / 19200-183 & 19114-096 and staying below 19096 could further fall to 19045 / 18976-966 / 18905-895 / 18835 & 18780-770

Extended Hypos:
C) Above 20593, BankNifty can probe higher to 20665-735 / 20809 / 20841-881 / 20950 & 21026-098
D) Below 18770, lower levels of 18701-675 / 18633-565 / 18497-481 / 18429-361 & 18288-225 could come into play

Additional Hypos*:
E) Above 21098 , BankNifty could start a new leg up to 21175-190 / 21250-318 / 21390-410 / 21465-535 & 21610
F) Below 18225, the auction can go down to 18175-155 / 18090-024 / 17956-890 / 17840-775 & 17689-623

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