Market Profile Analysis dated 25th Aug 2025

Daily Zones

• Largest volume (POC) was traded at 24988 F and VWAP of the session was at 24984

• Value zones (volume profile) are at 24960-24988-25014

• NF confirmed a FA at 24914 on 25/08 and the 1 ATR objective on upside comes to 25097

• HVNs are at 24632 / 24683** / 24959 (** denotes series POC)

Weekly Zones

• Weekly Charts can be viewed here

• (18-21 Aug) - NF opened this week with a big gap up and forming a Normal Variation profile to the upside with completely higher Value at 24941-24986-25080 making a high of 25179 as it stalled just below the objective and weekly VPOC of 25188. This week's VWAP of 25041 will be the swing reference for buyers to defend it they want to close the series at highs

• (08-14 Aug) - NF has formed a Neutral Centre profile on the weekly with overlapping to lower Value at 24551-24698-24748 and will need to stay above 24698 and take out the supply zone at 24748 for a probe higher towards the weekly VPOCs of 24959 & 25188 whereas on the downside, this week's VWAP of 24614 will be an important support below which it could go for a test of the 3-day VPOC of 24517 & Swing low of 24409

• (01-07 Aug) - NF has formed a nice balanced profile for the week with completely lower Value at 24622-24683-24803 and had made an attempt to move away from this zone on settlement day but left a responsive buying tail from 24434 to 24409 and gave a sharp bounce back to 24721 before closing around the prominent POC of 24683 which will be the reference for the coming week.

• (25-31 Jul) - NF has formed a nice balanced profile on the weekly with an initiative selling tail taking it away from previous Value hence was completely lower this week at 24817-24959-25029 with the VWAP at 24895

Monthly Zones

• The settlement day Roll Over point (Aug 2025) is 24860

• The VWAP & POC of Jul 2025 Series is 25142 & 25452 respectively

• The VWAP & POC of Jun 2025 Series is 25009 & 25109 respectively

• The VWAP & POC of May 2025 Series is 24673 & 24757 respectively

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Daily Zones

• Largest volume (POC) was traded at 55247 F and VWAP of the session was at 55290

• Value zones (volume profile) are at 55223-55247-55325

• BNF confirmed a FA at 56249 on 01/08 and completed the 2 ATR objective of 55278 on 07/08

• HVNs are at 55825 (** denotes series POC)

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Weekly Zones

• (18-22 Aug) - BNF made the expected move to imbalance from last week's 3-1-3 profile but it came in form of a big gap up of 500 points as it went on to get above the RollOver point of 56170 but stalled just below 01 Aug's FA of 56249 signalling that the supply is holding this zone after which it remained largely in Monday's range of 55720 to 56245 till Thursday after which the sellers made another strike leaving an extension handle at 55701 forcing its way back into previous week's value where it completed the 80% Rule leaving a Double Distribution (DD) Down weekly structure with completely higher Value at 55750-55840-56187 but a close around the lows so this week's VWAP of 55825 will now be a Swing supply point below which we have the DD zone till 55485 and the immediate hurdle at 55390 for the expiry week

• (11-14 Aug) - BNF has formed a 3-1-3 profile along with an Inside Week with overlapping to lower Value at 55372-55437-55574 and looks good for a move away from here provided one of the tails of this week is taken out by initiative activity

• (04-08 Aug) - BNF was in the process of forming a Trend Down profile on the weekly as it remained below previous Value and made lower highs and lows on the first 4 days of the week but saw some profit booking after it hit 55151 triggering a sharp & quick bounce to 55841 where aggressive supply came back strongly to push it back lower on the last day of the week as it hit new lows of 55070 into the close leaving a slightly balance weekly profile with completely lower Value at 55436-55825-55891 and the important supply side VWAP at 55551

• Weekly Charts can be viewed here

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Monthly Zones

• The settlement day Roll Over point (Aug 2025) is 56170

• The VWAP & POC of Jul 2025 Series is 56751 & 57013 respectively

• The VWAP & POC of Jun 2025 Series is 56200 & 56608 respectively

• The VWAP & POC of May 2025 Series is 55019 & 55320 respectively