Evening Market Profile report dated 19th Sept

We got another session which closed in imbalance today and a neutral extreme profile. One of the better ways to master Intra day Trading is to view the market from a Market Profile point of view and see who is doing a better job in the auction. There are many trading strategies involved in trading the market through a Market Profile chart and one such strategy is waiting out a neutral day profile. Such a profile can either close at the vwap or at one of the extremes of the day.

 

Whilst today’s profile closed at the lows, it hinted to 2 things for the Open on Friday ( tomorrow being a market holiday). We saw in the OrderFlow an inability of the market to drive the price down quickly below 11280. We went short anticipating a quick move below to 11210 but saw numerous times the supply being absorbed, forcing us to abandon the short view for intraday.  This lack of selling may also influence the Open of Friday. 11315 is the pivot for the next session which triggered the break of 11244 and is the one to watch on Friday at the open.

 

A weekly outlook was updated on Saturday at –https://vtrender.com/weekly-outlook-for-the-week-dated-17th-sept-to-21st-sept/

 

Nifty Sept F:

Intraday and swing trading view for  Nifty Futures below the chart. ( This chart is Live in the Vtrender Trading Room)

Nf Compo1 12 Evening Market Profile Report Dated 19Th Sept Auction Market Theory, Marketprofile

 

 

 

  • The NF Open was an Open test of supply 
  • The day type was a Neutral day
  • Largest volume was traded at 11340 F today
  • Vwap of the session was at 11316  with volumes of 106.9 L in a session which traded a High-Low range of 11373-11244 for 129  points
  • FA seen at 11297 visited  on day T+3

 

Monthly Zones:

  • The vwap of the Aug series is  at 11444 spot and the POC was at 11480
  • The settlement day (Aug ) rollover volume point is at 11739 F.
  • Highest Rollover point was at 11772 Sept F

Weekly Zones :

  • The weekly profile is a bounce off a VPOC with a minor selling excess at 11600F
  • Failed auction zone is 11650F
  • Another Failed auction is lower at 11297 ( visited T+3)
  • The 11720- 11735 scene of crime zone is added supply above the FA point of 11650
  • The FA at 11297 is a very important pivot for the next auction.

Daily Zones:

  • Value zones ( volume profile)  are at 11369-11340-11287 for tomorrow

 

Plan :

a) The immediate auction now has a support at 11230- 11244

b) short is right below 11230 for 11190

c)supply at 11315 and 11360 for the auction on any upmoves

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://in.explara.com/e/vtrender–trading–room/checkout

 

BNF Sept F:

Intraday Trading strategies using OrderFlow analysis and MarketProfile done Live with a Live analysis in the Vtrender Trading Room

Bnf Compo1 12 Evening Market Profile Report Dated 19Th Sept Auction Market Theory, Marketprofile

 

 

  • The BNF Open was an Open auction 
  • The Day type was a Neutral day
  • Vwap of the day was at  26520  with Volumes of 43.1 L and a High – Low of 26670- 26333  for a range of 338 points.
  • Largest Volume was traded at 26555 F today

Monthly Zones :

  • The vwap of Aug series is at 27923 spot with POC of 28280
  • The settlement day rollover volume point (aug)  is at 28232 F.
  • Highest Rollover point was at 28232 Sept F

 

Weekly Zones :

 

    • Supply is heavy at 27360 and 27500 right above 
    • The 28170 F and 27900 F has also heavy sell side volumes
    • spike zone is 27960- 28130.
    • support is at 26890 right below.

 

Daily Zones:

  • Value zones ( volume profile)  are at 26654-26555-26465  for tomorrow

 

Plan :

a) The 26540 zone has new supply

b) the 26390  zone has next support

c) Any move to 26750 should invite new sellers.

 

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://in.explara.com/e/vtrender–trading–room/checkout