Market Profile Analysis dated 6th Mar 2020

Nifty Mar F:  10940 [ 10999 / 10830 ]

HVNs – 10911 / 10940 / (11105) / (11145) / 11165-175 / (11250) / 11270-290 / (11340-360) / 11580

Report to be updated…

  • The NF Open was an Open Auction Out of Range  (OAOR)
  • The day type was a Neutral Day  (NeuD)
  • Largest volume was traded at 10940 F
  • Vwap of the session was at 10914 with volumes of 203.4 L and range of 169 points as it made a High-Low of 10999-10830
  • NF confirmed a FA at 10830 on 06/03  and tagged the 1 ATR move of 10997 on same day. The 2 ATR objective from this FA comes to 11165
  • The settlement day Roll Over point (Mar) is 11610
  • The VWAP & POC of Feb Series is 11944 & 12125 respectively.
  • The VWAP & POC of Jan Series is 12178 & 12132 respectively.
  • The VWAP & POC of Dec Series is 12087 & 12182 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 10876-10940-10952

BankNifty Mar F:  27783 [ 28064 / 27280 ]

HVNs – 27560 / 27780 / 28395 / 28511 / 28835 / 28920 / 29040-090 / 29100 / 29220-270 / 29425-455 / 29550

Report to be updated…

  • The BNF Open was an Open Auction Out of Range  (OAOR)
  • The day type was a Normal Day  (3-1-3 profile)
  • Largest volume was traded at 27560 F
  • Vwap of the session was at 27694 with volumes of 54.5 L and range of 784 points as it made a High-Low of 28064-27280
  • BNF confirmed a FA at 28547 on 05/03  and tagged the 1 ATR move of 29049 on same day. This FA got negated on 06/03 and BNF completed the 2 ATR move down of 27543
  • The settlement day Roll Over point (Mar) is 30520
  • The VWAP & POC of Feb Series is 30692 & 30692 respectively.
  • The VWAP & POC of Jan Series is 31425 & 32104 respectively.
  • The VWAP & POC of Dec Series is 31956 & 32102 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 27506-27560-2778

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