Market Profile Analysis dated 07th Jan 2025

Nifty Jan F: 23795 [ 23890 / 23738 ]

Open Type
OAIR (Open Auction)
Volumes of 37,921 contracts
Above average
Initial Balance
151 points (23890 – 23737)
Volumes of 80,771 contracts
Above average
Day Type
Normal – 151 pts
Volumes of 1,70,033 contracts
Below average

NF opeend above previous day’s POC of 23729 and went on to probe higher tagging 23890 in the A period but could not sustain in the D TPO selling singles from 06th Jan’s Trend Down profile and consolidated in a narrow range for the rest of the day forming a ‘p’ shape profile and an Inside Bar.

The imbalance seen on the downside paved way for a balance with a buying tail from 23776 to 23739 which will be the zone to break for the trend to continue towards 23564 & 23520 in the coming session whereas on the upside, the auction will need to stay above the series POC of 23803 and take out the RS POC of 23850 for a test of 23975 & 24033.

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

Daily Zones
  • Largest volume (POC) was traded at 23842 F and VWAP of the session was at 23822
  • Value zones (volume profile) are at 23788-23842-23848
  • HVNs are at 23803** / 24113 / 24285 (** denotes series POC)
Weekly Zones
Monthly Zones
  • The settlement day Roll Over point (Jan 2025) is 23915
  • The VWAP & POC of Dec 2024 Series is 24193 & 24621 respectively
  • The VWAP & POC of Nov 2024 Series is 23978 & 24185 respectively
  • The VWAP & POC of Oct 2024 Series is 24776 & 24400 respectively
Business Areas for 08th Jan 2025
Up
23803 – Jan POC
23850 – I TPO RS POC (07 Jan)
23900 – D TPO VWAP (06 Jan)
23975 – C TPO POC (06 Jan)
24033 – C TPO VWAP (06 Jan)
24072 – SOC (06 Jan)
These levels are best actionable once we get confrimation from the OrderFlow charts
Down
23776 – Buy Tail (07 Jan)
23729 – VPOC (06 Jan)
23660 – Jan RB
23602 – Swing Low (31 Dec)
23565 – Weekly ATR
23520 – 1 ATR (23795)
These levels are best actionable once we get confrimation from the OrderFlow charts

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

Market Profile and Orderflow Masterclass – Jan 11th

📅 Date: Jan 11, 2025
📍 Location: Ritz Carlton, Bangalore
💰 Cost: ₹14,999 (inclusive of 18% GST, lunch, and coffee)
Time: 09:30 AM – 06:30 PM
🎁 Bonus: Lifetime access to our e-course worth ₹5,899!

What You’ll Get

✅ 5 Power-Packed Sessions (90-120 minutes each)
✅ Learn Market Profile and Orderflow techniques.
✅ Live examples from MarketProfile and Orderflow charts
✅ Networking opportunities with fellow traders.

✅ BONUS: Lifetime access to our e-course worth ₹5,899!