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 31st May 2021

May 31, 2021May 31, 2021 UG Blog

Nifty Jun F:  15583 [ 15600 / 15410 ]

NF opened right at the prominent POC of 15464 and probed lower in seach of fresh demand as it broke below previous low & FA of 15420 but got swiftly rejected from 15410 reversing the probe to the upside as it not only left a long buying tail in the A period from 15466 to 15410 but also confirmed a buying extension handle at 15474 after which it scaled above previous week’s high forming a large IB (Initial Balance) range of 120 points and continued the OTF (One Time Frame) move higher till the ‘H’ period where it made a high of 15594 marking the end of the OTF leading to the only PBL (Pull Back Low) of the day at 15552 in the ‘J’ period. The auction then made a fresh RE higher in the ‘K’ period but could only make marginal new highs of 15600 as huge volumes were seen to be building at 15582 which is where the dPOC also shifted into the close leaving a Normal Variation Day with completely higher Value.

Click here to view the latest profile in NF on MPLite

  • The NF Open was a late Open Rejection Reverse – Up (ORR)
  • The Day type was a Normal Variation Day – Up (NV)
  • Largest volume was traded at 15582 F
  • Vwap of the session was at 15531 with volumes of 70.1 L and range of 190 points as it made a High-Low of 15600-15410
  • NF confirmed a FA at 15420 on 28/05 and the 1 ATR target comes to 15561. This FA was briefly broken on 31/05 and hence is no longer a vaid reference.
  • The settlement day Roll Over point (June) is 15396
  • The VWAP & POC of May Series is 14945 & 15094 respectively.
  • The VWAP & POC of Apr Series is 14576 & 14375 respectively.
  • The VWAP & POC of Mar Series is 14816 & 14737 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 15513-15582-15592

HVNs – 15277 / 15458


BankNifty Jun F:  35603 [ 35650 / 35063 ]

BNF opened below the HVN of 35306 and continued to probe lower in the A period as it got back into the 4-day composite & even broke below the lower HVN reference of 35138 after which it went on to make a low of 35063 stalling just above the VWAP of the important 3 IB day it formed on 27th May. The auction not only took support here but made a swift reversal to the upside as it left a buying extension handle at 35311 and went on to make a high of 35475 in the IB and followed it up with a C side extension where it tagged 35549 but could not get into Friday’s selling tail of 35579 to 35670 triggering a typical retracement to the day’s VWAP as BNF left a PBL at 35348 in the ‘E’ period and once the VWAP test was done, the slow probe higher continued for the rest of the day resulting in new highs for the day into the close at 35650 with the dPOC also shifting higher to 35580. On the daily timeframe, we have a ‘b’ shape profile being followed by a ‘p’ shape one today forming a nice 2-day balance with the composite Value at 35247-35315-35536 which would be the reference for the next session.

Click here to view the latest profile in BNF on MPLite

  • The BNF Open was a late Open Rejection Reverse – Up (ORR)
  • The Day type was a Normal Variation Day – Up (NV)
  • Largest volume was traded at 35580 F
  • Vwap of the session was at 35432 with volumes of 35.5 L and range of 587 points as it made a High-Low of 35650-35063
  • The settlement day Roll Over point (June) is 35380
  • The VWAP & POC of May Series is 33568 & 34828 respectively.
  • The VWAP & POC of Apr Series is 33260 & 32490 respectively.
  • The VWAP & POC of Mar Series is 34618 & 33870 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 35364-35580-35635

HVNs – 34778

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

Market Profile Analysis dated 28th May 2021
Market Profile Analysis dated 01st June 2021

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 (113)
  • December 2022 (45)
  • 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

  • Order Flow charts dated 27th January 2023 January 27, 2023
  • Nifty 50 Monthly and Annual returns (1991-2023) updated 27th JAN 2023 January 27, 2023

Address

  • 9511921975
  • support@vtrender.com

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

whatsapp whatsapp