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Market Profile Analysis dated 07th Mar 2025

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

Nifty Mar F: 22650 [ 22738 / 22572 ]

Open Type

OA (Open Auction)

Volumes of 10,758 contracts

Average

Initial Balance

22706 - 22572 (134 points)

Volumes of 24,957 contracts

Average

Day Type

22738 - 22572 (166 points) Normal (Gaussian)

Volumes of 75,660 contracts

Below Average

NF made an Open Auction start and continued the upside probe in the IB (Initial Balance) hitting new highs for the series at 22706 and even made couple of REs (Range Extension) in the C & E periods but could only manage 22738 stalling just below the 2-day VPOC of 22750 indicating supply being prevalent in this zone.

The auction then made a probe back into the IB and even broke below day's VWAP but made similar lows above the 22600 level which was the AVWAP from 05th Feb in the G & J TPOs displaying change of polarity triggering a bounce back to the IBH before closing around the dPOC leaving a nice Gaussian Curve on the daily and possibly the end of the IPM (Initial Price Movement) which start from 04th Mar.

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

Daily Zones

  • Largest volume (POC) was traded at 22639 F and VWAP of the session was at 22653

  • Value zones (volume profile) are at 22598-22639-22683

  • HVNs are at 22276 (** denotes series POC)

Weekly Zones

  • Weekly Charts can be viewed here

  • (28Feb - 06Mar) : NF has formed a Neutral Extreme profile on the weekly timeframe after the gap down and drive open it started with last Friday therefore forming completely lower Value at 22150-22276-22456 with the VWAP at 22361 which will be the important support for the new week

Monthly Zones

  • The settlement day Roll Over point (Mar 2025) is 22683

  • The VWAP & POC of Feb 2025 Series is 22982 & 22900 respectively

  • The VWAP & POC of Jan 2025 Series is 23342 & 23163 respectively

  • The VWAP & POC of Dec 2024 Series is 24193 & 24621 respectively

Business Areas for 10th Mar 2025

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

Up

22653 - VWAP (07 Mar)

22704 - PBH (07 Mar)

22750 - VPOC (24-25 Feb)

22805 - Sell Tail (24 Feb)

22855 - 24 Feb high

22900 - Ext Handle (24 Feb)

Down

22639 - POC (07 Mar)

22580 - Buy Tail (07 Mar)

22533 - VWAP (06 Mar)

22499 - 06 Mar Halfback

22455 - SOC (06 Mar)

22410 - Buy Tail (06 Mar)


BankNifty Mar F: 48680 [ 48896 / 48510 ]

Open Type

OAIR (Open Auction)

Volumes of 5,597 contracts

Below Average

Initial Balance

48790 - 48536 (254 points)

Volumes of 13,296 contracts

Below Average

Day Type

48896 - 48510 (510 points) Neutral Centre

Volumes of 44,600 contracts

BNF has formed a nice 3-day balance with Value at 48634-48787-48809 with the VWAP at 48718 and looks set to give a move away from this zone in the coming session(s) provided the same is backed with initiative volumes.

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

Daily Zones

  • Largest volume (POC) was traded at 48650 F and VWAP of the session was at 48692

  • Value zones (volume profile) are at 48564-48650-48757

  • HVNs are at 48407 / 48787** (** denotes series POC)

Weekly Zones

  • Weekly Charts can be viewed here

  • (03 - 07 Mar)BNF has formed a Neutral Centre profile with a FA at lows of 48110 but the RE (Range Extension) resulted in a responsive selling tail from 48896 to 49100 and will be the supply zone to watch for in the coming week with Value for this week being mostly lower at 48430-48787-48825 with the VWAP at 48583 being a support level

Monthly Zones

  • The settlement day Roll Over point (Mar 2025) is 49000

  • The VWAP & POC of Feb 2025 Series is 49361 & 49290 respectively

  • The VWAP & POC of Jan 2025 Series is 49283 & 48728 respectively

  • The VWAP & POC of Dec 2024 Series is 52436 & 53355 respectively

Business Areas for 10th Mar 2025

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

Up

48718 - 3-day VWAP (05-07 Mar)

48810 - 3-day VAH (05-07 Mar)

48914 - AVWAP (07 Feb)

49100 - Swing High (06 Mar)

49249 - VAH (27 Feb)

49375 - L TPO VWAP (21 Feb)

Down

48650 - POC (07 Mar)

48536 - Buy Tail (07 Mar)

48407 - 2-day VPOC (03-04 Mar)

48240 - 1 ATR (3-day POC 48787)

48103 - 1 ATR (48650)

47989 - 1 ATR (48536)

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