Market Profile Analysis dated 6th September

Nifty Sep F:  10974 [ 10984 / 10900 ]
Nf Compo1 4 Market Profile Analysis Dated 6Th September 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 NF Open was an Open Auction In Range (OAIR)
  • The day type was a Normal Variation Day (Up)
  • Largest volume was traded at 10968 F
  • Vwap of the session was at 10947 with volumes of 101.9 L and range of 84 points as it made a High-Low of 10984-10900
  • NF confirmed a FA at 10960 on 06/09 which was negated today as NF closed above it. The 1 ATR move up comes to 11124
  • NF confirmed a FA at 10785 on 04/09 & tagged the 1 ATR objective of 10958. The 2 ATR move up comes to 11131
  • NF confirmed a FA at 11079 on 29/08 & tagged the 1 ATR objective of 10906 on 30/08. The 2 ATR move down comes to 10733. This FA is currently on ‘T+6’ Days
  • The Trend Day POC & VWAP of 26/08 at 10886 10951 would be important references on the downside.
  • The Trend Day POC & VWAP of 19/07 at 11478 11523 are now positional references on the upside.
  • The higher Trend Day VWAP of 05/07 at 11965 is another important reference higher.
  • The settlement day Roll Over point is 11010
  • The VWAP & POC of Aug Series is 10966 & 10984 respectively.
  • The VWAP & POC of Jul Series is 11575 & 11547 respectively.
  • The VWAP & POC of Jun Series is 11833 & 11714 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 10847-10870-10916

Hypos / Estimates for the next session:

a) NF needs to sustain above 10985 for a probe higher to 11004-10 & 11028-35
b) Staying below 10976 at open, the auction can test 10954-945 & 10926
c) Above 11035, NF can probe higher to 11049 / 11068-79 & 11092
d) Below 10926, auction becomes weak for 10900 / 10881-870 & 10854-845
e) If 11092 is taken out, the auction can rise to & 11107-115 / 11131-142 & 11157
f) Break of 10845 can trigger a move lower to 10822-818 / 10795-785 & 10760


BankNifty Sep F: 27306 [ 27398 / 27025 ]

Bnf Compo1 4 Market Profile Analysis Dated 6Th September 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 an Open Auction In Range (OAIR)
  • The day type was a Normal Variation Day (Up) ‘p’ profile
  • Largest volume was traded at 27300 F
  • Vwap of the session was also at 27273 with volumes of 33.2 L in a session which traded in a range of 373 points making a High-Low of 27398-27025
  • The Trend Day VWAP of 19/07 at 30085 is now positional supply point.
  • The higher Trend Day VWAP of 18/07 & 08/07 at 30598 & 30995 remain important references going forward
  • The settlement day Roll Over point is 27450
  • The VWAP & POC of August Series 27858 & 27960 respectively
  • The VWAP & POC of Jul Series is 30425 & 30586 respectively.
  • The VWAP & POC of Jun Series is 30914 & 30961 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 26890-27000-27153

Hypos / Estimates for the next session:

a) BNF needs to sustain above 27300 for a rise to 27368-380 / 27425-440 & 27498-510
b) Staying below 27300, the auction could test 27265-230 / 27181 & 27144-104
c) Above 27510, BNF can probe higher to 27585 / 27627 & 27674-690
d) Below 27104, lower levels of 27060 / 27008-26984 & 26936-920 could come into play
e) Sustaining above 27690, BNF can give a fresh move up to 27735-780 / 27830 & 27906-915
f) Break of 26920 could trigger a move down 26875-815 / 26785-780 & 26710

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