Monthly (Jan 2019) charts and Market Profile analysis

Nifty Spot

Monthly Profile (Jan)

January opened around the VAH on monthly profile and completed a 80% on monthly Value in the first 4 days making a high of 10923 on 01/01 to a low of 10628 on 04/01 where it found support indicating that it could be a range bound month as the auction was being rejected from both ends of Value. Nifty then made a slow 80% on the upside in the next 7 trading days to again tag the 1st Jan highs and went on to close above previous month’s VAH of 10952 making new highs for the month at 10987 on 21/01 but next day got back into the monthly Value. This rejection from new highs meant that the auction could go back to test the VAL & lows of the month and over the next 6 days Nifty completed the hatrick of 80% and in the process went on to make new lows for the month at 10583 on 29/01 but again met with rejection as it closed at 10652, back into the monthly Value. Nifty was also making a nice bell profile in January with a prominent POC at 10808 so on the last day of the month, the auction rallied VAL to this POC with a close around it giving a inside month in both Value & Range with a Gaussian profile and rejection at both ends setting up for a good move away from this profile in the coming month. The Monthly Value is 10736-10823-10928.

N Monthly Monthly (Jan 2019) Charts And Market Profile Analysis Banknifty Futures, Charts, Day Trading, Intraday Trading, Intraday Trading Strategies, Market Profile, Market Profile Trading Strategies, Nifty Futures, Order Flow Analysis, Support And Resistance, Technical Analysis, Trading Strategies, Volume Profile Trading

Monthly Zones:

The vwap of the January series is at 10795 spot and the POC is at 10823
The settlement day (Jan) rollover volume point is at 10676 F.

The vwap of the December series is at 10796 spot and the POC is at 10741
The settlement day (Dec) rollover volume point is at 10830 F.

The vwap of the November series is at 10486 spot and the POC is at 10583
The settlement day (Nov) rollover volume point is at 10873 F.

The vwap of the October series is at 10490 spot and the POC is at 10275
The settlement day (Oct) rollover volume point is at 10222 F.

The vwap of the Sept series is at 11304 spot and the POC was at 11460
The settlement day (Sept) rollover volume point is at 11025 F.


BankNifty Spot

Monthly Profile (Jan)

Report to follow…

The monthly Value is 27050-27332-27566

Bn Monthly Monthly (Jan 2019) Charts And Market Profile Analysis Banknifty Futures, Charts, Day Trading, Intraday Trading, Intraday Trading Strategies, Market Profile, Market Profile Trading Strategies, Nifty Futures, Order Flow Analysis, Support And Resistance, Technical Analysis, Trading Strategies, Volume Profile Trading

Monthly Zones:

The vwap of the January series is at 27236 spot and the POC is at 27514
The settlement day (Jan) rollover volume point is at 27332 F.

The vwap of the December series is at 26713 spot and the POC is at 26840
The settlement day (Dec) rollover volume point is at 27035 F.

The vwap of the November series is at 25686 spot and the POC is at 26218
The settlement day (Nov) rollover volume point is at 26880 F.

The vwap of the October series is at 25011 spot and the POC is at 25080
The settlement day (Oct) rollover volume point is at 24920 F.

The vwap of the Sept series is at 26441 spot and the POC was at 27360
The settlement day (Sept) rollover volume point is at 25170 F.