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

Weekly Charts (29th Jul to 04th Aug 2022) and Market Profile Analysis for NF & BNF

August 5, 2022August 5, 2022 UG Blog

NF (August) Weekly Profile (29th Jul to 04th Aug 2022)

17388 [ 17505 / 17055 ]

  • Friday:  NF opened with a 140 point gap up continuing previous week’s NeuX (Neutral Extreme) imbalance after which it made a failed attempt to probe lower resulting in a C side extension to 17055 as the auction formed a nice Gaussian Profile for most part of the day building a prominent POC at 17137 before leaving a late extension handle at 17173 in the L period confirming a FA (Failed Auction) at lows and made a high of 17223 leaving a NeuX Day Up
  • Monday: Saw a rare follow up to a NeuX Day with another higher open but made a re-entry into Friday’s NeuX zone of 17223 to 17173 and took support at 17192 and left an initiative buying tail in the IB from 17252 to 17192 after which it formed a slow Trend Day Up completing the 2 ATR objective of 17364 while making a high of 17396
  • Tuesday: The auction returned to balance first with an OAIR start after which it probed lower in the IB and tested Monday’s buying tail while making a low of 17241 marking the end of the downside after which it first filled up the low volume zone and made couple of REs (Range Extension) to record new weekly highs of 17420 in the L period but made a sharp retracement back to the dPOC of 17309 into the close
  • Wednesday: NF continued the balance it was forming as the OTF (One Time Frame) probe it made in the first half of the day stopped at 17244 just above PDL after which it reversed to the upside for the rest of the day hitting marginal new highs of 17426 into the close forming the second NeuX Up Day of the week but range & value were still overlapping giving a nice 3-day composite with Value at 17256-17309-17356
  • Thursday: The second time in the week a NeuX Day got a follow up with a higher open and new highs of 17505 in the IB but settled down into an OAOR & formed a huge Outside Day with the help of a Double Distribution Trend Down Profile as it engulfed the last 3 days range and almost tagged the extension of 17173 from Friday where it left a responsive buying tail till 17245 before closing the week at 17388

The weekly profile is a Trend Up one which completed the 3 IB objective of 17408 to the upside and thanks to the 4 overlapping days has formed a nice balanced Value Area zone at 17260-17320-17404 with the VWAP at 17298 which will be the important support level for the coming week.

Click here to view the MarketProfile charts of NF with respect to the previous settlement week on MPLite


BNF (August) Weekly Profile (29th Jul to 04th Aug 2022)

37771 [ 38270 / 37282 ]

  • Friday: BNF opened the week with a big gap up of 318 points completing the 1 ATR objective of 37670 from the weekly FA of 36313 as it made a high of 37800 but saw good profit booking at 37750 as it formed a long liquidation ‘b’ shape profile for the day with a C side extension to 37282 where it left a small buying tail till 37339 and closed the day around the dPOC of 37596
  • Monday: The auction found demand coming back at open as it left an initiative buying tail in the A period from 37574 to 37483 after which it left a rare C side extension handle at 37726 and formed a slow Trend Day Up negating previous session’s selling tail & making new highs of 37983 into the close but saw the dPOC shifting higher to 37928 indicating profit booking by the longs once again
  • Tuesday: Saw a gap down open of almost 200 points as BNF tested the extension handle of 37726 while making a low of 37667 in the IB where it once again found demand coming back leading to multiple REs to the upside which enable it to scale above 07th Apr’s Swing High of 38180 while making a high of 38232 but once again the buyers did not want to carry the positions and profit booking caused a move back to the VWAP of 37909 into the close with the dPOC also shifting higher to 38057
  • Wednesday: formed an Inside Day and a balanced profile as it was unable to get buyers interested above 38057 at open triggering a probe down to 37744 after leaving a small selling tail in the IB from 38012 to 38122 where it took support at Tuesday’s HVN of 37764 before cimbing back into the A period singles into the close leaving a prominent POC at 37928
  • Thursday: BNF made a higher open and hit new marginal new highs for the week at 38270 but formed a very narrow IB range of just 186 points indicating poor trade facilitation or lack of fresh demand as sellers took complete control and made a trending move down of 982 points forming Double Distribution Trend Day Down but also left a long responsive buying tail from 37447 to 37288 just above the weekly VAH & the RO point to close at 37771 almost around the same level it had opened this week

The weekly profile is a nice balanced one thanks to the responsive activity it got all week & has formed completely higher Value at 37576-37912-37954 so can expect this balance to turn into an imbalance once again in the coming session(s).

Click here to view the MarketProfile charts of BNF with respect to the previous settlement week on MPLite

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 03rd Aug 2022
Market Profile Analysis dated 04th Aug 2022

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 (115)
  • December 2022 (37)
  • 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

  • Market Profile Analysis dated 27th Jan 2023 January 29, 2023
  • Market Profile Analysis dated 25th Jan 2023 January 28, 2023

Address

  • 9511921975
  • support@vtrender.com

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

whatsapp whatsapp