Market Profile Analysis dated 13th May 2024

Nifty May F: 22140 [ 22230 / 22050 ]

Nf 8 Market Profile Analysis Dated 13Th 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 13th May 2024 3 Decode the Market
Open Type
OTD (Open Test Drive)
Volumes of 29,577 contracts
Average
Initial Balance
225 points (22140 – 21815)
Volumes of 91,239 contracts
Above average
Day Type
Neutral Extreme – 325 pts
Volumes of 3,41,795 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 22214 F and VWAP of the session was at 22065
  • Value zones (volume profile) are at 22004-22214-22225
  • NF has immediate supply point at AVWAP of 22347 from Swing High of 22888 from 03/05
  • NF confirmed a FA at 22230 on 10/04 and completed the 1 ATR objective of 22000 on 13/05. The 2 ATR target comes to 21769.
  • NF confirmed a FA at 21900 on 13/04 and completed the 1 ATR objective of 22121 on the same day. The 2 ATR target comes to 22343.
  • 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 14th May 2024
Up
22214 – POC (13 May)
22260 – G TPO VWAP (09 May)
22300 – Ext Handle (09 May)
22347 – AVWAP (03 May)
22390 – VPOC (08 May
These levels are best actionable once we get confrimation from the OrderFlow charts
Down
22185 – HVN (13 May)
22140 – Ext Handle (13 May)
22101 – H TPO VWAP (13 may)
22065 – NeuX VWAP (13 May)
22012 – PBL (13 May)
These levels are best actionable once we get confrimation from the OrderFlow charts

BankNifty May F: 48003 [ 48075 / 47200 ]

Bnf 8 Market Profile Analysis Dated 13Th 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 13th May 2024 4 Decode the Market
Open Type
OTD (Open Test Drive)
Volumes of 14,677 contracts
Poor
Initial Balance
392 points (47644 – 47252)
Volumes of 40,173 contracts
Average
Day Type
Neutral Extreme -875 pts
Volumes of 1,89,173 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 47967 F and VWAP of the session was at 47628
  • Value zones (volume profile) are at 47620-47967-48069
  • NF has immediate supply point at AVWAP of 48625 from Swing High of 49927 from 30/04
  • BNF confirmed a FA at 47200 on 13/04 and completed the 1 ATR objective of 47813 on the same day. The 2 ATR target comes to 48425.
  • 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 14th May 2024
Up
48061 – Sell tail (13 May)
48171 – HVN (09 May)
48300 – Sell Tail (09 May)
48416 – VPOC (07 May)
48553 – VWAP (07 May)
48665 – Ext Handle (07 May)
Down
47967 – POC (13 May)
47871 – PBL (13 May)
47775 – Ext Handle (13 May)
47628 – NeuX VWAP (13 May)
47524 – I TPO POC (13 May)
47383 – PBL (13 May)

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