Market Profile Analysis dated 09th May 2024

Nifty May F: 22075 [ 22388 / 22051 ]

Nf 6 Market Profile Analysis Dated 09Th May 2024 Banknifty Futures, Charts, Day Trading, Intraday Trading, Intraday Trading Srategies, 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 09th May 2024 3 Decode the Market
Open Type
OAIR (Open Auction In Range)
Volumes of 31,370 contracts
Average
Initial Balance
88 points (22388 – 22051)
Volumes of 77,990 contracts
Average
Day Type
Trend – 337 pts
Volumes of 4,65,931 contracts
Above average

to be updated…

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

Daily Zones
  • Largest volume (POC) was traded at 22154 F and VWAP of the session was at 22199
  • Value zones (volume profile) are at 22052-22154-22203
  • NF has immediate supply point at AVWAP of 22437 from Swing High of 22888 from 03/05
  • NF confirmed a FA at 22977 on 09/04 and has not been tagged hence is a postional swing level
  • HVNs are at NA (** denotes series POC)
Weekly Zones
Monthly Zones
  • The settlement day Roll Over point (May 2024) is 22648
  • The VWAP & POC of Apr 2024 Series is 22386 & 22457 respectively
  • The VWAP & POC of Mar 2024 Series is 22168 & 22001 respectively
  • The VWAP & POC of Feb 2024 Series is 21956 & 21930 respectively
Business Areas for 10th May 2024
Up
22086 – HVN (09 May)
22121 – SOC (09 May)
22154 – POC (09 May)
22213 – Ext Handle (09 May)
22260 – G TPO VWAP (09 May)
22315 – Ext Handle (09 May)
These levels are best actionable once we get confrimation from the OrderFlow charts
Down
22063 – Buy tail (09 May)
22027 – HVN (19 Apr)
21963 – Swing Low (19 Apr)
21924 – 1 ATR (yPOC 22154)
21856 – 2 ATR (08 May low)
21829 – Monthly ATR
These levels are best actionable once we get confrimation from the OrderFlow charts

BankNifty May F: 47669 [ 48367 / 47636 ]

Bnf 6 Market Profile Analysis Dated 09Th May 2024 Banknifty Futures, Charts, Day Trading, Intraday Trading, Intraday Trading Srategies, 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 09th May 2024 4 Decode the Market
Open Type
ORR (Open Rejection Reverse)
Volumes of 13,513 contracts
Poor
Initial Balance
262 points (48367 – 48105)
Volumes of 27,647 contracts
Below average
Day Type
DD Trend- 731 points
Volumes of 1,63,792 contracts
Above average

to be updated…

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

Daily Zones
  • Largest volume (POC) was traded at 47658 F and VWAP of the session was at 47934
  • Value zones (volume profile) are at 47640-47658-48000
  • NF has immediate supply point at AVWAP of 48888 from Swing High of 49927 from 30/04
  • HVNs are at NA (** denotes series POC)
Weekly Zones
Monthly Zones
  • The settlement day Roll Over point (May 2024) is 48360
  • The VWAP & POC of Apr 2024 Series is 47971 & 47994 respectively
  • The VWAP & POC of Mar 2024 Series is 47051 & 47300 respectively
  • The VWAP & POC of Feb 2024 Series is 46119 & 45700 respectively
Business Areas for 10th May 2024
Up
47702 – M TPO high (09 May)
47811 – K TPO VWAP (09 May)
47934 – VWAP (09 May)
48050 – PBH (09 May)
48171 – HVN (09 May)
48300 – Sell Tail (09 May)
Down
47658 – POC (09 May)
47560 – I TPO POC (19 Apr)
47456 – VWAP (19 Apr)
47338 – G TPO POC (19 Apr)
47209 – VPOC (19 Apr)
47084 – A TPO VWAP (19 Apr)

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