Market Profile Analysis dated 29th February 2024

Nifty Mar F: 22160 [ 22199 / 22022 ]

Nf Market Profile Analysis Dated 29Th February 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
Market Profile Analysis dated 29th February 2024 3 Decode the Market
Open Type
OA (Open Auction)
Volumes of 13,058 contracts
Average
Initial Balance
150 points (22176 – 22026)
Volumes of 43,965 contracts
Above average
Day Type
Neutral – 178 pts
Volumes of 1,81,719 contracts
Average

to be updated…

Click here to view the latest profile in NF on Vtrender Charts

Daily Zones
  • Largest volume (POC) was traded at 22188 F and VWAP of the session was at 22112
  • Value zones (volume profile) are at 22093-22188-22195
  • NF confirmed a FA at 22022 on 29/02 and the 1 ATR objective comes to 22239
  • NF confirmed a FA at 22465 on 23/02 and is currently on ‘T+5’ Days
  • HVNs are at NA (** denotes series POC)
Weekly Zones
Monthly Zones
  • The settlement day Roll Over point (March 2024) is 22188
  • The VWAP & POC of Feb 2024 Series is 21956 & 21930 respectively
  • The VWAP & POC of Jan 2024 Series is 21581 & 21635 respectively
  • The VWAP & POC of Dec 2023 Series is 21226 & 21377 respectively
Business Areas for 01st Mar 2024
Up
22176 – Sell tail (29 Feb)
22209 – Weekly VWAP
22239 – 1 ATR (FA 22022)
22277 – D tail mid (28 Feb)
22320 – Ext Handle (28 Feb)
These levels are best actionable once we get confrimation from the OrderFlow charts
Down
22155 – M TPO low
22112 – NeuX VWAP (29 Feb)
22070 – PBL (29 Feb)
22022 – FA (29 Feb)
21983 – K TPO VWAP (14 Feb)
These levels are best actionable once we get confrimation from the OrderFlow charts
Spot Hypos for 01st Mar 2024
Up
22022 – IBH (29 Feb)
22077 – 1 ATR (FA 21860)
22128 – D tail mid (28 Feb)
22168 – Ext Handle (28 Feb)
22208 – C TPO H/B (28 Feb)
Down
21982 – M TPO low (29 Feb)
21930 – Feb POC
21860 – FA (29 Feb)
21823 – PBL (15 Feb)
21765 – K TPO h/b (14 Feb)

BankNifty Mar F: 46546 [ 46689 / 46030]

Bnf Market Profile Analysis Dated 29Th February 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
Market Profile Analysis dated 29th February 2024 4 Decode the Market
Open Type
OA (Open Auction)
Volumes of 11,002 contracts
Poor
Initial Balance
476 points (46506 – 46030)
Volumes of 47,079 contracts
Average
Day Type
3-1-3 profile 659 points
Volumes of 1,96,475 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 46610 F and VWAP of the session was at 46384
  • Value zones (volume profile) are at 46250-46610-46674
  • HVNs are at NA** (** denotes series POC)
Weekly Zones
Monthly Zones
  • The settlement day Roll Over point (March 2024) is 46610
  • The VWAP & POC of Feb 2024 Series is 46119 & 45700 respectively
  • The VWAP & POC of Jan 2024 Series is 46353 & 48119 respectively
  • The VWAP & POC of Dec 2023 Series is 47337 & 47918 respectively
Business Areas for 01st Mar 2024
Up
to be updated…
These levels are best actionable once we get confrimation from the OrderFlow charts
Down
to be updated…
These levels are best actionable once we get confrimation from the OrderFlow charts
Spot Hypos for 01st Mar 2024
Up
46233 – M TPO halfback
46360 – Tail (27th Feb)
46523 – Ext Handle (28 Feb)
46614 – SOC (28 Feb)
46754 – FA (28 Feb)
Down
446120 – M TPO low
45995 – Halfback (29 Feb)
45864 – dPOC (29 Feb)
45702 – Buy Tail (29 Feb)
45540 – VPOC (14 Feb)

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