Market Profile Analysis dated 24th Nov 2025

Largest volume (POC) was traded at 26104 F and VWAP of the session was at 26078

Value zones (volume profile) are at 26050-26104-26158

NF confirmed a FA (Failed Auction) at 26310 on 23/10 and has not been revisted hence is a Swing reference for the current series

HVNs are at 25704 / 25946 / 26060** (** denotes series POC)

Weekly Charts can be viewed here

(12-18 Nov) - NF has formed a well balanced Neutral Centre profile for the week with completely higher Value at 25904-25972-26038 with a close right in the middle so looks good for a move away from this zone in the final week of November series

(06-11 Nov) - NF continued the downside imbalance from previous week and went on to make a low of 25428 taking support right at the Weekly buying tail (15-20 Oct) reversing the probe to the upside for the rest of the week forming a Neutral Extreme profile to the upside after giving a well balanced Value area zone which was completely lower at 25707-25805-25833 with this week's VWAP of 25641 now being an important demand side reference for the rest of the series

(29Oct-04Nov) - NF formed an elongated Trend Down profile on the weekly after the inability to tag the FA of 26310 as it moved away from the RO point of 26090 with overlapping to lower Value at 25751-25902-26137 with a close around the lows so can expect this imbalance to continue in the coming week towards the extension handle of 25577 & buying tail of 25430 from the Trend Up weekly profile from 15th to 20th Oct. This week's VWAP of 25987 will now be a supply point for the November series.

The settlement day Roll Over point (Nov 2025) is 26090

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

The VWAP & POC of Sep 2025 Series is 24897 & 24660 respectively

The VWAP & POC of Aug 2025 Series is 24718 & 24624 respectively

Largest volume (POC) was traded at 59203 F and VWAP of the session was at 59074

Value zones (volume profile) are at 58975-59203-59249

HVNs are at 58112 / 58573 / 58953** (** denotes series POC)

Weekly Charts can be viewed here

(10-14 Nov) - BNF took support right at previous week's VAL of 57865 as it made a low of 57862 this week and went on to form a Neutral Extreme profile to the upside with mostly higher Value at 58925-58573-58690 and a close above the prominent POC of 58573 which will be the reference for the coming week

(03-07 Nov) - BNF has formed a Neutral Centre profile on the weekly with a FA at highs of 58499 which was set to tag the 1 ATR objective of 57386 but stalled after hitting the weekly VPOC of 57530 while making a low of 57450 from where it gave a quick bounce back to 58299. Value was overlapping to lower at 57865-58109-58343 with the VWAP at 58074

The settlement day Roll Over point (Nov 2025) is 58515

The VWAP & POC of Oct 2025 Series is 57124 & 58160 respectively

The VWAP & POC of Sep 2025 Series is 54641 & 54591 respectively

The VWAP & POC of Aug 2025 Series is 55171 & 55131 respectively