Evening MarketProfile report dated 25th June

The spike of Friday was retraced fully in the auction of the day and the Nifty closed at session lows giving up most of the gains of Friday. Day was inside and the Nifty closed well within the 20 day composite of the month. Even the BankNifty was an inside day with a stray tick at the open which did not fall within the auction of the session. The 2 way auction in BNF was within 26572 and 26797.

A weekly outlook was updated on Saturday at – https://vtrender.com/weekly-outlook-for-the-week-dated-25th-june-to-29th-june/

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 June F:

 

Nf Compo1 23 Evening Marketprofile Report Dated 25Th June Auction Market Theory, Banknifty Future, Marketprofile, Nifty Future, Orderflow, Value Area

 

 

  • The NF Open was an Open auction
  • The day type was a Normal Variation day
  • Largest volume was traded at 10800 F today
  • Vwap of the session was at 10785 with volumes of 105.3 L in a session which traded a High-Low range of 10819-10746  for 73 points.

Monthly Zones:

  • The vwap of the May series is at 10669 spot and the POC is at 10736.
  • The settlement day rollover volume point is at 10692 F and 10705 F.
  • The  vwap of June series  is  at 10744 spot
  • The POC of June series was at 10812 spot

Weekly Zones :

  • Immediate support lower at 10726 F for now.
  • The second layer of Support lower at 10640 F now
  • Overcoming supply at 10840 can push the index higher to 10923 again.

Daily Zones:

  • Value zones ( volume profile)  are at 10807-10800-10768  for tomorrow

 

Plan :

a)Holding ABOVE 10725 F the Nifty is likely to move back to 10785 and 10804.

b) Watch 10807 zone to see if sellers respond again

c) A move below 10725 can push the auction to 10706 and 10696.

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 June F:

 

Bnf Compo1 22 Evening Marketprofile Report Dated 25Th June Auction Market Theory, Banknifty Future, Marketprofile, Nifty Future, Orderflow, Value Area

 

  • The BNF Open was an Open rejection
  • The Day type was a Normal Variation day
  • Vwap of the day was at 26680  with Volumes of 27.9 L and a High – Low of 26797-26572  for a range of 250 points.
  • Largest Volume was traded at 26600 F today

Monthly Zones :

  • The vwap of May series is at 26091 spot with POC of 25744
  • The settlement day rollover volume point is at 26750-26770 F.
  • The vwap of June series is at 26533 spot with POC of 26544

 

Weekly Zones :

  • The 26470 and the 26260 zone have repeatedly shown demand
  • The old seller at 26800 is still very active.

Daily Zones:

  • Value zones ( volume profile)  are at  for tomorrow

 

Plan :

a) Holding above 26530 the BNF could move back to 26680

b) watch for selling to re-emerge near 26690 – 26730 higher

c) below 26530 the BNF can slip further to 26430.

 

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