Market Profile Analysis dated 05th Jul 2024

Nifty Jul F: 24379 [ 24419 / 24240 ]

Nf 2 Market Profile Analysis Dated 05Th 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
Market Profile Analysis dated 05th Jul 2024 3 Decode the Market
Open Type
OAOR (Open Auction)
Volumes of 34,324 contracts
Above average
Initial Balance
105 points (24345 – 24240)
Volumes of 72,548 contracts
Above average
Day Type
Normal Variation – 179 pts
Volumes of 2,30,381 contracts
Average

to be updated…

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

Daily Zones
  • Largest volume (POC) was traded at 24323 F and VWAP of the session was at 24321
  • Value zones (volume profile) are at 24247-24323-24350
  • 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 08th Jul 2024
Up
24393 – K TPO VWAP (05 Jul)
24444 – Sell Tail (04 Jul)
24499 – 1 ATR (yPOC 24323)
24554 – 2 ATR (VPOC 24202)
24595 – 1 ATR (PDH)
These levels are best actionable once we get confrimation from the OrderFlow charts
Down
24376 – M TPO low (05 Jul)
24323 – POC (05 Jul)
24277 – L TPO POC (05 Jul)
24240 – PDL
24202 – VPOC (02 Jul)
These levels are best actionable once we get confrimation from the OrderFlow charts

BankNifty Jun F: 52724 [ 52888 / 52300 ]

Bnf 2 Market Profile Analysis Dated 05Th 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
Market Profile Analysis dated 05th Jul 2024 4 Decode the Market
Open Type
OD (Open Drive)
Volumes of 38,329 contracts
Above average (Double)
Initial Balance
588 points (52888 – 52300)
Volumes of 97,426 contracts
Above average
Day Type
Normal – 588 pts
Volumes of 1,77,911 contracts
Below average

to be updated…

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

Daily Zones
  • Largest volume (POC) was traded at 52704 F and VWAP of the session was at 52589
  • Value zones (volume profile) are at 52452-52704-52789
  • 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 08th Jul 2024
Up
52753 – L TPO POC (05 Jul)
52831 – Weekly IBL
52955 – PBL (04 Jul)
53076 – VWAP (04 Jul)
53177 – VPOC (04 Jul)
53301 – Swing High (04 Jul)
Down
52704 – POC (05 Jul)
52589 – VWAP (05 Jul)
52460 – HVN (05 Jul)
52327 – Buy Tail (05 Jul)
52190 – F TPO POC (25 Jun)
52029 – A TPO VWAP (25 Jun)

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