Market Profile Analysis dated 19th February 2021

Nifty Feb F:  14987 [ 15145 / 14900 ]

Click here to view the latest profile in NF on MPLite

  • The NF Open was a Open Auction (OA)
  • The Day type was a Neutral Day (NeuD)
  • Largest volume was traded at 15007 F
  • Vwap of the session was at 15036 with volumes of 118.9 L and range of 245points as it made a High-Low of 15145-14900
  • NF confirmed a FA at 15145 on 19/02 and hit the 1 ATR objective of 14917 on the same day. The 2 ATR target comes to 14689
  • NF confirmed a FA at 15255 on 18/02 and hit the 1 ATR objective of 15027 on 19/02. The 2 ATR target comes to 14799
  • NF confirmed a FA at 14731 on 04/02 and completed the 2 ATR objective of 15265 on 09/02. This FA has not been tagged and is now positional support.
  • The settlement day Roll Over point (Feb) is 13809
  • The VWAP & POC of Jan Series is 14288 & 14569 respectively.
  • The VWAP & POC of Dec Series is 13528 & 13528 respectively.
  • The VWAP & POC of Nov Series is 12554 & 12862 respectively.

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

Daily Zones:

  • Value zones (volume profile) are at 14981-15007-15119

HVNs – 13886 / 14015 / 14172 / 14664 / 14820 / 14879 / 15120* / 15310


BankNifty Feb F:  35850 [ 36680 / 35570 ]

Click here to view the latest profile in BNF on MPLite

  • The BNF Open was a Open Auction(OA)
  • The Day type was a Neutral Extreme Day – Down (NeuX)
  • Largest volume was traded at 36378 F
  • Vwap of the session was at 36157 with volumes of 64.4 L and range of 1110 points as it made a High-Low of 36680-35570
  • BNF confirmed a FA at 34343 on 04/02 and completed the 2 ATR objective of 36091 on 05/02. This FA has not been tagged and is now positional support.
  • The settlement day Roll Over point (Feb) is 30445
  • The VWAP & POC of Jan Series is 31597 & 32062 respectively.
  • The VWAP & POC of Dec Series is 30270 & 30766 respectively.
  • The VWAP & POC of Nov Series is 28104 & 29565 respectively.

For the Monthly charts & other swing levels for BankNifty & BNF click here & for the weekly charts & analysis, please click here.

Daily Zones:

  • Value zones (volume profile) are at 35948-36378-36669

HVNs – 30041 / 30534 / 30996 / 34407 / 35751* / 35920 / 36339

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