Market Profile Analysis dated 31st December 2020

Nifty Jan F:  14009 [ 14053 / 13955 ]

NF did close 2020 on all time highs but has also left a FA (Failed Auction) at 14053 along with a buying tail on the downside from 13985 to 13955 leaving a Neutral Day with a prominent POC at 14026. The auction has also formed a nice 3-day composite with Value at 13985-14016-14035 and could start the new series with a move away from this balance.

Nf Market Profile Analysis Dated 31St December 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

Click here to view the 3-day composite in NF on MPLite

  • The NF Open was a Open Auction In Range (OAIR)
  • The Day type was a Neutral Day
  • Largest volume was traded at 14026 F
  • Vwap of the session was at 14016 with volumes of 91.2 L and range of 99 points as it made a High-Low of 14054-13955
  • NF confirmed a FA at 14054 on 31/12 and the 1 ATR objective comes to 13882.
  • The settlement day Roll Over point (Jan) is 14007
  • The VWAP & POC of Dec Series is 13528 & 13528 respectively.
  • The VWAP & POC of Nov Series is 12554 & 12862 respectively.
  • The VWAP & POC of Oct Series is 11793 & 11897 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 14002-14026-14036

HVNs – 13970


BankNifty Jan F:  31303 [ 31437 / 31150 ]

Bnf Market Profile Analysis Dated 31St December 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

BNF ended the year 2020 with an inside bar as it remained in the A period range of 288 points all day staying below the yPOC of 31445 and has formed a 3-day composite ‘b’ shape profile with Value at 31275-31332-31427 which also has a selling tail from 31458 to 31607 so the PLR for now seems to be on the downside though needs initiative volumes for a move away from 31332 in the coming session(s).

Click here to view the 3-day composite ‘b’ shape profile in BNF on MPLite

  • The BNF Open was a Open Auction In Range (OAIR)
  • The Day type was a Normal Day (Inside Bar)
  • Largest volume was traded at 31340 F
  • Vwap of the session was at 31332 with volumes of 20.1 L and range of 288 points as it made a High-Low of 31437-31150
  • The settlement day Roll Over point (Jan) is 31389
  • The VWAP & POC of Dec Series is 30270 & 30766 respectively.
  • The VWAP & POC of Nov Series is 28104 & 29565 respectively.
  • The VWAP & POC of Oct Series is 23740 & 24468 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 31304-31340-31407

HVNs – 31410

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