Market Profile Analysis dated 10th May 2024

Nifty May F: 22140 [ 22230 / 22050 ]

Nf 7 Market Profile Analysis Dated 10Th 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 10th May 2024 3 Decode the Market
Open Type
OAIR (Open Auction In Range)
Volumes of 35,500 contracts
Average
Initial Balance
150 points (22217 – 22068)
Volumes of 96,163 contracts
Above average
Day Type
Neutral Centre – 179 pts
Volumes of 2,86,527 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 22130 F and VWAP of the session was at 22138
  • Value zones (volume profile) are at 22083-22130-22165
  • NF has immediate supply point at AVWAP of 22394 from Swing High of 22888 from 03/05
  • NF confirmed a FA at 22230 on 10/04 and the 1 ATR objective to the downside comes to 22000.
  • 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 13th May 2024
Up
to be updated…
These levels are best actionable once we get confrimation from the OrderFlow charts
Down
to be updated…
These levels are best actionable once we get confrimation from the OrderFlow charts

BankNifty May F: 47607 [ 48090 / 47479 ]

Bnf 7 Market Profile Analysis Dated 10Th 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 10th May 2024 4 Decode the Market
Open Type
OA (Open Auction)
Volumes of 15,549 contracts
Poor
Initial Balance
485 points (48090 – 47605)
Volumes of 51,229 contracts
Above average
Day Type
Normal – 610 points
Volumes of 1,35,053 contracts
Average

to be updated…

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

Daily Zones
  • Largest volume (POC) was traded at 47594 F and VWAP of the session was at 47629
  • Value zones (volume profile) are at 47566-47594-47883
  • NF has immediate supply point at AVWAP of 48769 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 13th May 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.