Market Profile Analysis dated 30th May 2024

Nifty Jun F: 22627 [ 22828 / 22567 ]

Nf 20 Market Profile Analysis Dated 30Th May 2024 Banknifty Futures, Charts, Day Trading, Intraday Trading, Intraday Trading Srategies, Market Profile, Market Profile Trading Strategies, Nifty Futures, Order Flow Analysis, Support And Resistance, Technical Analysis, Trading Strategies, Volume Profile Trading
Market Profile Analysis dated 30th May 2024 3 Decode the Market
Open Type
OAOR (Open Auction + Drive)
Volumes of 35,852 contracts
Above average
Initial Balance
151 points (22828 – 22567)
Volumes of 1,03,057 contracts
Above average
Day Type
NV (3-1-3) – 261 pts
Volumes of 4,81,032 contracts
Above average

to be updated…

Click here to view the latest profile in NF on Vtrender Charts

Daily Zones
  • Largest volume (POC) was traded at 22677 F and VWAP of the session was at 22678
  • Value zones (volume profile) are at 22631-22677-22731
  • NF confirmed a FA at 23145 on 28/05 and completed the 2 ATR objective of 22691 on 30/05.
  • NF confirmed a FA at 22015 on 13/04 and has not been tagged hence is a postional swing support
  • HVNs are at 22680 (** denotes series POC)
Weekly Zones
Monthly Zones
  • The settlement day Roll Over point (June 2024) is 22645
  • The VWAP & POC of May 2024 Series is 22462 & 22479 respectively
  • The VWAP & POC of Apr 2024 Series is 22402 & 22457 respectively
  • The VWAP & POC of Mar 2024 Series is 22168 & 22001 respectively
Business Areas for 31st May 2024
Up
22645 – M TPO POC (30 May)
22697 – 30 May Halfback
22744 – Sell Tail (30 May)
22800 – IB singles mid
22851 – Tail (29 May)
These levels are best actionable once we get confrimation from the OrderFlow charts
Down
22611 – Buy tail (30 May)
22560 – B TPO POC (17 May)
22505 – Ext Handle (16 May)
22452 – VPOC (16 May)
22400 – K TPO POC (16 May)
These levels are best actionable once we get confrimation from the OrderFlow charts

BankNifty Jun F: 49037 [ 49480 / 48810 ]

Bnf 20 Market Profile Analysis Dated 30Th May 2024 Banknifty Futures, Charts, Day Trading, Intraday Trading, Intraday Trading Srategies, Market Profile, Market Profile Trading Strategies, Nifty Futures, Order Flow Analysis, Support And Resistance, Technical Analysis, Trading Strategies, Volume Profile Trading
Market Profile Analysis dated 30th May 2024 4 Decode the Market
Open Type
ORR (Open Rejection Reverse)
Volumes of 27,462 contracts
Above average
Initial Balance
508 points (49317 – 48810)
Volumes of 60,756 contracts
Above average
Day Type
Normal (3-1-3) – 670 pts
Volumes of 2,35,085 contracts
Above average

to be updated…

Click here to view the latest profile in BNF on Vtrender Charts

Daily Zones
  • Largest volume (POC) was traded at 49117 F and VWAP of the session was at 49139
  • Value zones (volume profile) are at 49001-49117-49255
  • BNF has supply at AVWAP of 49273 from Swing High of 27/05
  • BNF has closed below AVWAP of 49062 from Swing Low from 13/05 and will now be the immediate supply point
  • BNF confirmed a FA at 47523 on 13/04 which has not been tagged and is now a positional Swing support .
  • HVNs are at NA (** denotes series POC)
Weekly Zones
Monthly Zones
  • The settlement day Roll Over point (June 2024) is 49047
  • The VWAP & POC of May 2024 Series is 48300 & 47726 respectively
  • The VWAP & POC of Apr 2024 Series is 47971 & 47994 respectively
  • The VWAP & POC of Mar 2024 Series is 47051 & 47300 respectively
Business Areas for 31st May 2024
Up
49062 – AVWAP (13 May)
49170 – HVN (30 May)
49273 – AVWAP (27 May)
49411 – 2-day tail (29-30 May)
49540 – VPOC (28 May)
Down
49001 – VAL (30 May)
48877 – Buy tail (30 May)
48715 – C TPO tail (23 May)
48610 – B TPO POC (23 May)
48509 – Buy Tail (23 May)

You can check the monthly charts & other swing levels for both Nifty & BankNifty here & for the weekly charts & analysis, please click here.