Market Profile Analysis dated 27th Mar 2026

Largest volume (POC) was traded at 22815 F and VWAP of the session was at 22941

Value zones (volume profile) are at 22799-22815-22933

NF confirmed a FA at 23378 on 20/03 and hit the 2 ATR target of 22699 on 23/03. This FA was revisited on 25/03 but NF was not able to close above it hence is still a supply side reference.

NF confirmed a weekly FA at 23875 on 19/03 and completed the 1 ATR target of 23143 on the 19/03. The 2 ATR mark is down at 22409.

NF confirmed a FA at 25817 on 25/02 and completed the 2 ATR target of 25397 on the 27/02.

HVNs are at 24390** / 25625 (** denotes series POC)

Weekly Charts can be viewed here

(18-24 Mar) - NF has formed yet another elongated weekly profile of 1405 points and this time it came via a Neutral Extreme structure to the downside with a rare weekly FA at 23875 which not only hit the 1 ATR target of 23143 but almost went for the 2 ATR objective of 22409 while making a low of 22471 leaving overlapping to lower Value for the week at 22633-23252-23390 with the NeuX VWAP of 23093 being a Swing reference as we enter the final week of March series.

(11-17 Mar) - NF formed an elongated 1350 point range Trend Down week moving away from previous week's Neutral Centre profile but saw sellers covering at the lows of 23025 as seen in the responsive tail till 23093 with the POC also shifting to the lower segment at 23216 with a close above the VWAP of 23568.

(04-10 Mar) - NF has formed a Neutral Centre weekly profile in an elongated range of 1167 points with completely lower Value at 23804-24390-24599 with the overlapping of the POC & VWAP at 24390 & 24400 being the zone to watch as we enter the next week with the HVN of 24695 being an important reference on the upside.

(25Feb-02Mar) - NF scaled above previous week's NeuX VWAP of 25739 but got rejected from the POC of 25816 confirming a daily FA there on Wednesday which not only hit the 2 ATR objective of 25397 but went on to leave a Triple Distribution Trend Down profile for the current week with couple of extension handles at 25540 & 25401 with another zone of singles from 25147 to 25320 as the auction went on to make a low of 24743 showing some profit booking at the 2025 POC level as it left a responsive tail till 24800. Value for the week was overlapping to lower at 25312-25626-25815 but the 2 most important references going forward would be the VWAP of 25364 and the POC of 25625

(18-24 Feb) - NF has formed a Neutral Extreme (NeuX) weekly profile to the downside with mostly overlapping and balanced Value at 25653-25816-25924 with a close below it but at the same time has also left a small tail at an earlier weekly VPOC of 25540 so will need the stay below it for more downside in the coming week with this week's NeuX VWAP of 25739 being a Swing reference.

The settlement day Roll Over point (Mar 2026) is 25610

The VWAP & POC of Feb 2026 Series is 25593 & 25727 respectively

The VWAP & POC of Jan 2026 Series is 25633 & 25200 respectively

The VWAP & POC of Dec 2025 Series is 25988 & 25937 respectively

Largest volume (POC) was traded at 52590 F and VWAP of the session was at 52614

Value zones (volume profile) are at 52422-52590-52972

BNF confirmed a FA at 61767 on 24/02 and completed the 2 ATR target of 60652 on the 02/03.

HVNs are at 53924** / 59272 (** denotes series POC)

Weekly Charts can be viewed here

(23-27 Mar) - BNF opened the week hitting new lows of the series with a spike down from 51610 to 51331 which was rejected with a gap up open and confirmation of a weekly FA which went on to hit the 1 ATR target of 52982 and climbed further to enter previous week's range and value scaling above the POC of 53938 but could only manage to hit 54167 stalling below the weekly VWAP of 54306 and gave up most of the gains by dropping back to 52232 into the close leaving a Neutral Centre weekly profile with completely lower value at 51661-52996-52928 and this week's Vwap at 52661

(16-20 Mar) - BNF has formed a Neutral weekly profile after the new lows of 53460 on Monday saw profit booking and a bounce back to 55660 where it left a responsive selling tail and reversed the probe to the downside hitting fresh lows of 53290 on Thursday but once again left a small tail and saw the series POC shift lower from 59272 to 53929 and will be the reference to watch in the coming week. Value for this week was completely lower at 53609-53938-54709 with the VWAP at 54306

(09-13 Mar) - BNF has formed a Neutral Extreme weekly profile to the downside with completely lower Value at 55015-56302-57076 with a selling tail from 54526 to 55200 which will be immediate zone to watch on the upside in the coming week.

The settlement day Roll Over point (Mar 2026) is 61410

The VWAP & POC of Feb 2026 Series is 60730 & 60672 respectively

The VWAP & POC of Jan 2026 Series is 59575 & 59681 respectively

The VWAP & POC of Dec 2025 Series is 59257 & 59283 respectively