Market Profile Analysis dated 09th Apr 2025

Largest volume (POC) was traded at 22470 F and VWAP of the session was at 22476

Value zones (volume profile) are at 22457-22470-22509

HVNs are at 23358** / 23392 (** denotes series POC)

Weekly Charts can be viewed here

(28Mar-03Apr) - The weekly profile is a DD again but to the downside forming completely lower value at 23281-23392-23599 with the VWAP shifting lower near the POC at 23402 and will be the immediate supply point to be taken out by the buyers if they intent to test the extension handle of 23560 & 28th Mar's VWAP of 23672 in the coming week whereas on the downside, the buying extension handle of 23250 will be the support below which NF can go for a test of the VPOC at 23105 & Trend VWAP of 23032

(21-27 Mar) - NF has formed a Double Distribution Trend Up profile with an initiative buying tail from 23405 to 23315 and an extension handle at 23574 followed by a 4-day balance forming completely higher value at 23694-23762-23922 and has shown signs of profit booking seen in the responsive tail from 23992 to 24035 and the FA at 23911 so this week's VWAP of 23778 will be the important reference for the next week which will decide who can seize control

The settlement day Roll Over point (Apr 2025) is 23800

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

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

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

Largest volume (POC) was traded at 50482 F and VWAP of the session was at 50413

Value zones (volume profile) are at 50348-50482-50657

HVNs are at 51190 / 51728** (** denotes series POC)

Weekly Charts can be viewed here

(01-04 Apr) - BNF opened with a test of previous week's prominent POC of 51850 as it hit 51920 but was swiftly rejected dropping by 870 points as it tested the buying singles from last week while making a low of 51050 and saw buyers defending as it made a slow probe higher over the next 3 sessions even making new highs for the week at 51993 on Friday but left a selling tail triggering a drop down to 51459 into the close. The weekly profile is a Normal One with a small tail at top signalling lack of demand with mostly lower Value at 51371-51689-51865

(24-28 Mar) - BNF has formed a nice Gaussian Curve along with a 'p' shape profile for the week with the buying tail from 51418 to 51009 and completely higher value at 51787-51850-52212 with signs of profit booking at the highs as seen in the FA at 52223 and has closed around the prominent POC of 51850 which will be the reference for the coming week

The settlement day Roll Over point (Apr 2025) is 51880

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

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

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