Market Profile analysis dated 26th Sept

A higher open was sold today very early in the session. In Market Profile we got an Open rejection reverse which would mean that the prior move of the day before was abandoned quickly. Such higher opens have a high probability of visiting the VAH or the POC of the previous session. We have blogged about the statistics behind such a move earlier and you can view the same at – https://vtrender.com/market-profile-trading-strategies-open-outside-ranges/

 

For today’s higher open the Nifty hit the POC of the previous session and the BankNifty did the VAH of the previous session where the selling seen from the open stalled.

A weekly outlook was updated on Saturday at –https://vtrender.com/market-profile-view-and-charts-for-the-week-of-24th-to-28th-sept/

 

Nifty Sept F:

Intraday and swing trading view for  Nifty Futures below the chart. ( This chart is Live in the Vtrender Trading Room)

Nf Compo1 18 Market Profile Analysis Dated 26Th Sept

 

 

  • The NF Open was an Open rejection reverse lower
  • The day type was a Normal variation day
  • Largest volume was traded at 11045 F today
  • Vwap of the session was at 11055 with volumes of 138.9 L in a session which traded a High-Low range of 11149-11001 for 147 points
  • FA seen at 11297 visited on day T+3. 2 ATR of the move at 11000. 

 

Monthly Zones:

  • The vwap of the Aug series is  at 11444 spot and the POC was at 11480
  • The vwap of the Sept series is  at 11444 spot and the POC was at 11540
  • The settlement day (Aug ) rollover volume point is at 11739 F.
  • Highest Rollover point was at 11772 Sept F

Weekly Zones :

  • The weekly profile has a sell-side excess at 11490
  • The weekly profile also had a minor selling excess at 11600Fin the week prior
  • Failed auction zone is 11650F
  • Another Failed auction is lower at 11297 ( visited T+3)
  • The 11350 zone has active sellers and should meet more selling if price goes there
  • The 11720- 11735 scene of crime zone is added supply above the FA point of 11650
  • The FA at 11297 is a very important pivot for the next auction.

Daily Zones:

  • Value zones ( volume profile)  are at 11078-11046-11014 for tomorrow

 

Plan :

a) The immediate auction now has a support at 11005

b)supply at 11135  and 11180 for the auction on any upmoves

 

For more tradeable ideas and intraday trading strategies based on MarketProfile and the OrderFlow live charts with OrderFlow analysis Live, subscribe to the trading room. The Vtrender Trading Room hosts India’s largest MarketProfile community live every trading session from 9.15 am to 3.30 pm.

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BNF Sept F:

Intraday Trading strategies using OrderFlow analysis and MarketProfile done Live with a Live analysis in the Vtrender Trading Room

Bnf Compo1 17 Market Profile Analysis Dated 26Th Sept

 

  • The BNF Open was an Open rejection reverse
  • The Day type was a Normal variation day
  • Vwap of the day was at  25370  with Volumes of 47.3 L and a High – Low of 25620-25200  for a range of 419 points.
  • Largest Volume was traded at 25420 F today

Monthly Zones :

  • The vwap of Aug series is at 27923 spot with POC of 28280
  • The vwap of Sept series is at 26970 spot with POC of 27360
  • The settlement day rollover volume point (aug)  is at 28232 F.
  • Highest Rollover point was at 28232 Sept F

 

Weekly Zones :

  • Supply is heavy at 26540 and 27320 right above 
  • The 26330 F and 26000 F has also heavy sell side volumes
  • support is at 25220

 

Daily Zones:

  • Value zones ( volume profile)  are at 25450-25420-25303  for tomorrow

 

Plan :

a) The 25510 zone has new supply

b) the 25200  zone has support

 

 

For more tradeable ideas and intraday trading strategies based on MarketProfile and the OrderFlow live charts with OrderFlow analysis Live, subscribe to the trading room. The Vtrender Trading Room hosts India’s largest MarketProfile community live every trading session from 9.15 am to 3.30 pm.

If not a Trading Room member you can get immediate access at  –  https://in.explara.com/e/vtrender–trading–room/checkout</strong