Market Profile Analysis dated 04th Jul 2024

Nifty Jul F: 24359 [ 24455 / 24335 ]

Nf 1 Market Profile Analysis Dated 04Th Jul 2024 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
Market Profile Analysis dated 04th Jul 2024 4 Decode the Market
Open Type
OAOR (Open Auction)
Volumes of 24,665 contracts
Average
Initial Balance
67 points (24455 – 24388)
Volumes of 59,479 contracts
Below average
Day Type
Normal Variation – 120 pts
Volumes of 1,96,993 contracts
Below average

to be updated…

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

Daily Zones
  • Largest volume (POC) was traded at 24391 F and VWAP of the session was at 24394
  • Value zones (volume profile) are at 24363-24391-24418
  • HVNs are at 24201** (** denotes series POC)
Weekly Zones
  • Weekly Charts can be viewed here
  • (28 Jun – 04 Jul) – NF has formed a Neutral Extreme profile to the upside leaving a FA at lows of 24082 which will be the swing reference for this series and has formed mostly higher Value at 24084-24201-24329 with this week’s VWAP at 24251 which will be the important support level going forward
Monthly Zones
  • The settlement day Roll Over point (July 2024) is 24110
  • The VWAP & POC of Jun 2024 Series is 23247 & 23535 respectively
  • The VWAP & POC of May 2024 Series is 22462 & 22479 respectively
  • The VWAP & POC of Apr 2024 Series is 22402 & 22457 respectively
Business Areas for 05th Jul 2024
Up
24366 – M TPO h/b (04 Jul)
24404 – H TPO POC (04 Jul)
24444 – Sell Tail (04 Jul)
24503 – 1 ATR (VWAP 24332)
24562 – 1 ATR (yPOC 24391)
These levels are best actionable once we get confrimation from the OrderFlow charts
Down
24332 – VWAP (03 Jul)
24291 – A TPO POC (03 Jul)
24251 – Weekly VWAP
24202 – VPOC (02 Jul)
24150 – Buy tail (02 Jul)
These levels are best actionable once we get confrimation from the OrderFlow charts

BankNifty Jun F: 53166 [ 53301 / 52831 ]

Bnf 1 Market Profile Analysis Dated 04Th Jul 2024 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
Market Profile Analysis dated 04th Jul 2024 5 Decode the Market
Open Type
OA (Open Auction)
Volumes of 11,848 contracts
Below average
Initial Balance
220 points (53301 – 52831)
Volumes of 26,971 contracts
Below average
Day Type
Normal Variation – 470 pts
Volumes of 1,26,090 contracts
Below average

to be updated…

Bnf 2Db Market Profile Analysis Dated 04Th Jul 2024 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
Market Profile Analysis dated 04th Jul 2024 6 Decode the Market

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

Daily Zones
  • Largest volume (POC) was traded at 53177 F and VWAP of the session was at 53076
  • Value zones (volume profile) are at 52979-53177-53260
  • HVNs are at 53089** (** denotes series POC)
Weekly Zones
  • Weekly Charts can be viewed here
  • (27 Jun -03 Jul) – BNF has formed a Neutral Centre weekly profile taking support at previous week’s VWAP of 52306 where it left a responsive buying tail and went on to make new ATH of 53249 on the last day before closing right at the POC of 53089. This week’s Value was overlapping to higher at 52630-53089-53194 with the VWAP at 52793 which will be an important support for the coming week
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 05th Jul 2024
Up
to be updated…
Down
to be updated…

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