Market Profile Analysis dated 28th August 2020

Nifty Sep F:  11675 [ 11698 / 11602 ]

Report to be updated…

Click here to view the latest profile chart of NF on MPLite

  • The NF Open was a Open Auction (OA)
  • The Day type was a Normal Variation Day – Up (NV)
  • Largest volume was traded at 11630 F
  • Vwap of the session was at 11652 with volumes of 114 L and range of 96 points as it made a High-Low of 11698-11602
  • The settlement day Roll Over point (Sep) is 11607
  • The VWAP & POC of Aug Series is 11278 & 11311 respectively.
  • The VWAP & POC of Jul Series is 10897 & 10803 respectively.
  • The VWAP & POC of Jun Series is 10110 & 10110 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 11615-11630-11672

HVNs – 11485

Main Hypos for 31.08.2020:

a) NF needs to sustain above 11676 for a rise to 11698 / 11731-764 & 11792-800
b) The auction staying below 11660 could fall to 11638-601* / 11570 & 11539

Extended Hypos:
c) Above 11800, NF can probe higher to 11829-850* / 11865-890 & 11904-946*
d) If 11539 is taken out, NF could fall to 11519-500 / 11486*451 & 11420-404**


BankNifty Sep F:  24539 [ 24659 / 23601 ]

Report to be updated…

Click here to view the latest profile in BNF on MP Lite

  • The BNF Open was a Open Drive – Up (OD) 
  • The Day type was a Trend Day – Up (TD)
  • Largest volume was traded at 24360 F
  • Vwap of the session was at 24255 with volumes of 84.7 L and range of 1057 points as it made a High-Low of 24659-23601
  • The settlement day Roll Over point (Sep) is 23576
  • The VWAP & POC of Aug Series is 22091 & 21595 respectively.
  • The VWAP & POC of Jul Series is 22163 & 22087 respectively.
  • The VWAP & POC of Jun Series is 20918 & 21000 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 24059-24360-24495

HVNs – 21590 / 22175 / 22260

Main Hypos for 31.08.2020:

a) BNF needs to sustain above 24550 for a rise to 24625-700 / 24750-825 / 24894-950 & 25020-100
b) The auction accepting below 24540 could test 24473-420 / 24348-290 / 24240-180 & 24076-000

Extended Hypos:

c) Above 25100, BNF can probe higher to 25170-250 / 25375-425 / 25500-610 & 25717
d) Breaking below 24000, it could fall to 23944-880 / 23775-705 / 23601*-520 & 23445-349

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