Market Profile Analysis dated 14th May 2024

Nifty May F: 22308 [ 22364 / 22160 ]

Nf 9 Market Profile Analysis Dated 14Th 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 14th May 2024 3 Decode the Market
Open Type
OA (Open Auction)
Volumes of 32,200 contracts
Average
Initial Balance
100 points (22260 – 22160)
Volumes of 72,517 contracts
Average
Day Type
Trend – 205 pts
Volumes of 2,66,745 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 22315 F and VWAP of the session was at 22270
  • Value zones (volume profile) are at 22231-22315-22345
  • NF has immediate supply point at AVWAP of 22339 from Swing High of 22888 from 03/05
  • NF has immediate support at AVWAP of 22155 from Swing Low of 21900 from 13/05
  • NF confirmed a FA at 22230 on 10/04 and completed the 1 ATR objective of 22000 on 13/05. This FA was revisted on 14/05 and has closed above so is no longer a valid reference.
  • NF confirmed a FA at 21900 on 13/04 and completed the 2 ATR objective of 22343 on 14/05.
  • 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 15th May 2024
Up
22315 – POC (14 May)
22349 – Sell tail (14 May)
22390 – VPOC (08 May)
22453 – I TPO VWAP (08 May)
22501 – B TPO VWAP (07 May)
These levels are best actionable once we get confrimation from the OrderFlow charts
Down
22270 – VWAP (14 May)
22230 – Weekly IBH
22185 – HVN (13 May)
22140 – Ext Handle (13 May)
22101 – H TPO VWAP (13 May)
These levels are best actionable once we get confrimation from the OrderFlow charts

BankNifty May F: 48091 [ 48225 / 47825 ]

Bnf 9 Market Profile Analysis Dated 14Th 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 14th May 2024 4 Decode the Market
Open Type
OA (Open Auction)
Volumes of 17,514 contracts
Average
Initial Balance
298 points (48123 – 47825)
Volumes of 38,476 contracts
Below average
Day Type
Normal – 400 pts
Volumes of 1,15,093 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 48093 F and VWAP of the session was at 48025
  • Value zones (volume profile) are at 47947-48093-48126
  • BNF has immediate supply point at AVWAP of 48583 from Swing High of 49927 from 30/04
  • BNF has immediate support at AVWAP of 47778 from Swing Low of 47200 from 13/05
  • 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 15th May 2024
Up
48126 – Closing PBH (14 May)
48225 – PDH
48360 – RO point
48416 – VPOC (07 May)
48553 – VWAP (07 May)
Down
48072 – M TPO low (14 May)
47960 – PBL (14 May)
47838 – Buy Tail (14 May)
47723 – J TPO h/b (13 May)
47628 – NeuX VWAP (13 May)

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

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