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Market Profile Analysis dated 03rd Feb 2026

Daily MarketProfile Analysis of NF & BNF along with Business Areas for next session

Nifty Feb F: 25817 [ 26320 / 25725 ] Normal ('b' shape)

Open Type

OAOR (Open Auction)

Volumes of 1,10,842 contracts

Above Average

Initial Balance

26320 - 25725 (595 points)

Volumes of 1,70,604 contracts

Above Average

Day Type

26320 - 25725 (595 points) Normal

Volumes of 2,79,420 contracts

Above Average

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NF started the first week of February series continuing previous week's balance as it remained in the Gaussian Curve for the first 3 sessions but then gave violent moves both sides starting with the Budget Day where it went on to test the 2025 POC & VWAP of 24786 & 24682 respectively and saw demand coming back as it left an responsive buying tail which got tested on 02nd Feb confirming a FA (Failed Auction) at 25758 validating support from where it not only completed the 1 ATR objective of 25074 but went on to give an unprecedented 1058 points gap up open on settlement day (03rd Feb) but stalled right below a weekly sell side extension handle of 26335 (07-13 Jan) plus also the 2025 VAH of 26300 displaying clear lack of demand and with the shorts being forced out, the auction is now waiting for fresh volumes in the coming week.

The MarketProfile concepts of RE, FA and TPOs are explained in the Glossary section - kindly refer to https://vtrender.com/glossary

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Daily Zones (Click for details)

  • Largest volume (POC) was traded at 25886 F and VWAP of the session was at 25890

  • Value zones (volume profile) are at 25806-25886-25914

  • HVNs are at (** denotes series POC)

Weekly Zones (Click for details)

  • Weekly Charts can be viewed here

  • (28Jan-03Feb) - NF formed an irregular kind of Neutral Extreme weekly profile with tails at both ends (25960-26320 & 24758-24635) and a zone of singles in the middle (25764-25564) with Value completely overlapping at 24950-25385-25563 with the VWAP at 25372

Monthly Zones (Click for details)

  • The settlement day Roll Over point (Feb 2026) is 25400

  • The VWAP & POC of Jan 2026 Series is 25633 & 25200 respectively

  • The VWAP & POC of Dec 2025 Series is 25988 & 25937 respectively

  • The VWAP & POC of Nov 2025 Series is 25915 & 25969 respectively

  • The VWAP & POC of Oct 2025 Series is 25501 & 25875 respectively

Business Areas for 04th Feb 2026

(These are the actionable levels to watch out where we can initiate fresh trades based on getting further confirmation from the OrderFlow)

Up

25834 - M TPO high (03 Feb)

25886 - POC (03 Feb)

25960 - Sell Tail (03 Feb)

26034 - A TPO h/b (03 Feb)

26103 - 1 ATR (Tail 25764)

26161 - HVN (03 Feb)

Down

25788 - PBL (03 Feb)

25725 - PDL (03 Feb)

25671 - Gap mid (03 Feb)

25621 - 1 ATR (25960)

25547 - 1 ATR (25886)

25478 - 1 ATR (Prev Close)

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

WhatsApp me (Uttam Goel) on +91 90362 79747 if you need more information


BankNifty Feb F: 60210 [ 61299 / 59960 ] Normal ('b' shape)

Open Type

OAIR (Open Auction)

Volumes of 35,835 contracts

Above Average

Initial Balance

61299 - 59960 (1340 points)

Volumes of 47,126 contracts

Above Average

Day Type

61299 - 59960 (1340 points) Normal

Volumes of 73,583 contracts

Above Average

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

Daily Zones (Click for details)

  • Largest volume (POC) was traded at 60278 F and VWAP of the session was at 60266

  • Value zones (volume profile) are at 60120-60278-60330

  • HVNs are at ** (** denotes series POC)

Weekly Zones (Click for details)

  • Weekly Charts can be viewed here

Monthly Zones (Click for details)

  • The settlement day Roll Over point (Feb 2026) is 59650

  • The VWAP & POC of Jan 2026 Series is 59575 & 59681 respectively

  • The VWAP & POC of Dec 2025 Series is 59257 & 59283 respectively

  • The VWAP & POC of Nov 2025 Series is 58602 & 58937 respectively

Business Areas for 04th Feb 2026

(These are the actionable levels to watch out where we can initiate fresh trades based on getting further confirmation from the OrderFlow)

Up

to be updated...

Down

to be updated...

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

WhatsApp me (Uttam Goel) on +91 90362 79747 if you need more information