Love Vtrender Charts? Check out our new offer!

Vtrender

Market Profile Analysis dated 27th Jan 2025

Nifty Jan F: 22846 [ 23029 / 22809 ] Open Type OAOR (Open Auction) Volumes of 30,995 contracts Above average Initial Balance 117 points (23029 – 22912) Volumes of 62,982 contracts Average Day Type Normal Variation – 220 pts Volumes of 2,41,956 contracts Average NF opened with a gap down and got rejected at the entry […]

Nifty Jan F: 22846 [ 23029 / 22809 ]

Open Type
OAOR (Open Auction)
Volumes of 30,995 contracts
Above average
Initial Balance
117 points (23029 – 22912)
Volumes of 62,982 contracts
Average
Day Type
Normal Variation – 220 pts
Volumes of 2,41,956 contracts
Average

NF opened with a gap down and got rejected at the entry into previous week’s range indicating that the downmove was not yet over and went on to form new lows for the series at 22809 but saw the POC shift lower to 22854 which will be the reference for the next open.

The auction did not do much in terms of range extension as well as volumes which could be a signal that the inventory may be getting too short and could make way for a bounce in the coming session(s) provided it can take out and sustain above today’s VWAP of 22895.

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

Daily Zones
  • Largest volume (POC) was traded at 22854 F and VWAP of the session was at 22895
  • Value zones (volume profile) are at 22823-22854-22926
  • HVNs are at 23264** / 23645 / 23798 / 24113 / 24285 (** denotes series POC)
Weekly Zones
  • Weekly Charts can be viewed here
  • (17-23 Jan) – NF has formed a Neutral Centre weekly profile with overlapping to lower Value at 23110-23266-23332 and has a good chance of moving away from the prominent 2-week overlapping POC provided it gets some initaitive volumes in the final weekly settlement of Jan
Monthly Zones
  • The settlement day Roll Over point (Jan 2025) is 23915
  • The VWAP & POC of Dec 2024 Series is 24193 & 24621 respectively
  • The VWAP & POC of Nov 2024 Series is 23978 & 24185 respectively
  • The VWAP & POC of Oct 2024 Series is 24776 & 24400 respectively
Business Areas for 28th Jan 2025
Up
22854 – POC (27 Jan)22895 – VWAP (27 Jan)22925 – G TPO POC (27 Jan)22967 – PBH (27 Jan)23014 – Sell Tail (27 Jan)23073 – Tail (24 Jan)
These levels are best actionable once we get confrimation from the OrderFlow charts
Down
22845 – Closing HVN22813 – Buy tail (27 Jan)22753 – 1 ATR (PBH 22967)22727 – Weekly ATR22665 – 2 ATR (FA 23113)22618 – 1 ATR (WPOC 23266)
These levels are best actionable once we get confrimation from the OrderFlow charts

BankNifty Jan F: 48081 [ 48344 / 47923 ]

Open Type
OAOR (Open Auction)
Volumes of 10,452 contracts
Below average
Initial Balance
335 points (48260 – 47925)
Volumes of 28,909 contracts
Below average
Day Type
Neutral – 421 pts
Volumes of 1,06,697 contracts
Below average

BNF formed a Neutral Day after the lower open with a typical C side to 47923 resulting in a FA (Failed Auction) being confirmed at new lows of the series and formed a nice Gaussian Curve within a narrow range suggesting poor trade facilitation on the downside.

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

Daily Zones
  • Largest volume (POC) was traded at 48199 F and VWAP of the session was at 48138
  • Value zones (volume profile) are at 48069-48199-48271
  • HVNs are at 51491 / 49529 / 48716**(** denotes series POC)
Weekly Zones
  • Weekly Charts can be viewed here
  • (17-23 Jan) – BNF has formed a Neutral Centre weekly profile with overlapping to lower Value at 48482-48698-49130 and has a good chance of moving away from here provided it gets some initaitive volumes in the final weekly settlement of Jan
Monthly Zones
  • The settlement day Roll Over point (Jan 2025) is 51750
  • The VWAP & POC of Dec 2024 Series is 52436 & 53355 respectively
  • The VWAP & POC of Nov 2024 Series is 51417 & 52129 respectively
  • The VWAP & POC of Oct 2024 Series is 51559 & 51239 respectively
Business Areas for 28th Jan 2025
Up
to be updated…
Down
to be updated…

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