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Market Profile Analysis dated 07th May 2025

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

Nifty May F: 24461 [ 24538 / 24311 ]

Open Type

ORR (Open Rejection Reverse)

Volumes of 22,153 contracts

Above Average

Initial Balance

24538 - 24311 (228 points)

Volumes of 46,221 contracts

Above Average

Day Type

24538 - 24311 (228 points) Normal

Volumes of 99,826 contracts

Average

NF opened lower but took support rght at previous Swing Low of 24310 from 02nd May leaving an ORR to the upside and promptly completed the 80% Rule in previous value making a high of 24538 stallng just below the selling tail and remained in the A period range for the rest of the day forming a 3-1-3 profile with a nice balanced Value area and tails at both ends.

The auction would need initiative volumes to move away from this zone which looks difficult in the next session as Options inverntory could force a narrow range but is likely to give a fresh impulse on Friday where it is a free bird.

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

Daily Zones

  • Largest volume (POC) was traded at 24459 F and VWAP of the session was at 24453

  • Value zones (volume profile) are at 24424-24459-24488

  • HVNs are at 24448 (** denotes series POC)

Weekly Zones

  • Weekly Charts can be viewed here

  • (25-30 Apr) - The weekly profile is a Normal Variation one to the upside which tested previous week's buying tail but took support just above a prior VPOC of 23952 while making a low of 23975 and went on to swipe through previous week's range making new highs of 24718 but left a selling tail. Value was also completely overlapping at 24195-24458-24488 with the VWAP being at 24324

  • (21-24 Apr) - NF has formed a composite 'p' shape profile on the weekly with completely higher Value at 24279-24315-24289 with a buying tail from 24090 to 23980 which will be the support zone as the new series develops

Monthly Zones

  • The settlement day Roll Over point (May 2025) is 24378

  • The VWAP & POC of Apr 2025 Series is 23417 & 24334 respectively

  • The VWAP & POC of Mar 2025 Series is 22991 & 22491 respectively

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

Business Areas for 08th May 2025

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

Up

24465 - M TPO POC (07 May)

24510 - Sell Tail (07 May)

24567 - POC (05 May)

24601 - IBH (05 May)

24652 - SOC (02 May)

24718 - Swing High (02 May)

Down

24459 - POC (07 May)

24424 - VAL (07 May)

24382 - Buy Tail (07 May)

24346 - IB Tail mid (07 May)

24295 - Buy Tail (28 Apr)

24218 - IB Tail mid (28 Apr)

BankNifty Apr F: 54671 [ 54796 / 54037 ]

Open Type

ORR (Open Rejection Reverse)

Volumes of 13,383 contracts

Above Average

Initial Balance

54796 - 54037 (758 points)

Volumes of 26,243 contracts

Above Average

Day Type

54796 - 54037 (758 points) Normal

Volumes of 57,985 contracts

Average

to be updated...

to be updated...

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

Daily Zones

  • Largest volume (POC) was traded at 54569 F and VWAP of the session was at 54537

  • Value zones (volume profile) are at 54394-54569-54628

  • HVNs are at 55489 / 55191 / 54692** (** denotes series POC)

Weekly Zones

  • Weekly Charts can be viewed here

Monthly Zones

  • The settlement day Roll Over point (May 2025) is 55348

  • The VWAP & POC of Apr 2025 Series is 52845 & 55353 respectively

  • The VWAP & POC of Mar 2025 Series is 49563 & 48335 respectively

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

Business Areas for 08th May 2025

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

Up

54702 - M TPO VWAP (07 May)

54806 - Ext Handle (06 May)

54963 - AVWAP (02 May)

55088 - POC (05 May)

55225 - VAH (05 May)

55350 - HVN (02 May)

Down

54630 - M TPO low (07 May)

54537 - VWAP (07 May)

54394 - VAL (07 May)

54267 - Buy tail (May)

54179 - H TPO VWAP (17 Apr)

54006 - Ext Handle (17 Apr)

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