Evening MarketProfile report dated 19th July

The Nifty and the banknifty opened in range of yesterday’s trade and auctioned mostly in the lower half of the Double distribution seen yesterday. Structure in the Nifty is still that of a balanced composite between 10920 on the lower side and 11067 on the higher side. There was responsive selling and responsive buying at the extremes today and a rollover trade right in the middle.

A weekly outlook was updated on Saturday at –https://vtrender.com/weekly-outlook-for-the-week-dated-16th-july-to-20th-july/

It is the same MarketProfile view working for a 1- 5 day period on the Nifty and the BankNifty spot without worrying about the movement of the premium which is a sticky issue now.

Nifty July F:

 

Nf Compo1 13 Evening Marketprofile Report Dated 19Th July Auction Market Theory, Marketprofile, Value Area

 

  • The NF Open was an OAIR
  • The day type was a Normal day
  • Largest volume was traded at 10975 F today
  • Vwap of the session was at 10976 with volumes of 79.6 L in a session which traded a High-Low range of 11010-10942 for 67 points.

Monthly Zones:

  • The  vwap of June series  is  at 10737 spot
  • The POC of June series was at 10760 spot
  • The vwap of the May series was at 10669 spot and the POC was at 10736.
  • The settlement day rollover volume point is at 10572 F.

Weekly Zones :

  • Immediate support at 10850F for now.

Daily Zones:

  • Value zones ( volume profile)  are at 10988-10974-10959  for tomorrow

 

Plan :

a) responsive selling was seen at 11005

b) responsive buying at 10959

b) 10930 is a good support

c) second support at 10897-10904

 

 

For tradeable ideas on these hypos and to check the OrderFlow live visit the trading room.

If not a Trading Room member you can get immediate access at  –  https://in.explara.com/e/vtrender–trading–room/checkout

 

BNF July F:

 

Bnf Compo1 14 Evening Marketprofile Report Dated 19Th July Auction Market Theory, Marketprofile, Value Area

 

 

  • The BNF Open was an OAIR
  • The Day type was a Neutral day
  • Vwap of the day was at 26930 with Volumes of 44.3 L and a High – Low of 27064-26800 for a range of 267 points.
  • Largest Volume was traded at 26930 F today

Monthly Zones :

  • The  vwap of June series  is  at 26522 spot
  • The POC of June series was at 26544 spot
  • The vwap of May series was at 26091 spot with POC of 25744
  • The settlement day rollover volume point is at 26217 F.

 

Weekly Zones :

  • The 26780  zone  is now a support

Daily Zones:

  • Value zones ( volume profile)  are at 27000-26930-26850 for tomorrow

 

Plan :

a) supply adding up at 27040- 50

b) responsive buying at 26820 has to do more to push the auction above 26940

c) support at 26750 right below

 

 

 

For tradeable ideas on these hypos and to check the OrderFlow Live visit the trading room.

 

If not a Trading Room member you can get immediate access at  –  https://in.explara.com/e/vtrender–trading–room/checkout