Market Profile Analysis dated 29th Jul 2025

Daily Zones

• Largest volume (POC) was traded at 24711 F and VWAP of the session was at 24748

• Value zones (volume profile) are at 24643-24711-24799

• NF has confirmed a FA at 24637 on 29/07 and completed the 1 ATR target of 24805 on same day. The 2 ATR objective comes to 24973

• NF has confirmed a FA at 24925 on 28/07 and completed the 1 ATR target of 24767 on same day. The 2 ATR objective comes to 24610

• NF confirmed a FA at 25162 on 16/07. This FA was negated on 18/07 and completed the 2 ATR target to the downside of 24835 on 25/07.

• NF confirmed a FA at 25670 on 03/07 and completed the 2 ATR target of 25219 on 11/07

• HVNs are at 25349 / 25515 / 25618** (** denotes series POC)

Weekly Zones

• Weekly Charts can be viewed here

• (18-24 Jul) - NF opened the week with a probe lower hitting new lows of 24920 but got demand coming back as it left an initiative buying tail and not only got back into previous week's Value but completed the 80% Rule but the look up above VAH resulting in an OH start at 25290 on Thursday triggering a trending move lower as the auction came back to 25049 before closing around the prominent POC of 25092 leaving a Neutral Centre profile with overlapping to lower Value at 25013-25092-25178 with the VWAP aligned near the Jun POC at 25106

• (11-17 Jul) - NF opened with a gap down leaving an extension handle at 25410 on the higher timeframe and saw more selling in form of a second extension handle at 25315 as it tested June's POC of 25109 while making a low of 25076 where it took support forming narrow range Normal Variation profile on the weekly with a nice balanced but completely lower Value area zone at 25155-25237-25274 and looks set to get into an imbalance in the coming week

• (04-10 Jul) - NF opened the week with new lows for the series at 25410 but found demand coming back who took it back in previous range & value tagging the POC & VWAP combo of 25616 & 25624 but saw profit booking in this important zone leaving similar highs on the daily at 25635 & 25646 triggering a move lower back to 25411 into the close leaving a Normal Variation profile with overlapping to lower Value at 25445-25537-25572 with the VWAP of 25519 being an supply point going forward

• (27Jun-03Jul) - NF has formed a rare combination of a Gaussian Curve with a Neutral Extreme (NeuX) Set up on the weekly with completely higher Value at 25561-25616-25722 with the NeuX VWAP at 25624 which has closed below Value so can trigger a probe lower in the coming week towards the previous VPOC of 25349

• (20-26 Jun) - NF has formed an elongated 721 points range Trend Up profile with completely higher Value at 25153-25349-25551 with an extension handle right at the VAH so can expected to continue higher in the coming session(s). This week's VWAP was aligned with the POC at 25334 and will remain an important support point for the new series

• (13-19 Jun) - NF formed a narrow range composite 'p' shape profile with completely lower Value at 24907-24948-25091 and will need a move away from this balance for a fresh imbalance to start

Monthly Zones

• The settlement day Roll Over point (Jul 2025) is 25610

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

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

• The VWAP & POC of Apr 2025 Series is 23417 & 24334 respectively

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Daily Zones

• Largest volume (POC) was traded at 56081 F and VWAP of the session was at 56173

• Value zones (volume profile) are at 55981-56081-56257

• BNF has confirmed a FA at 55955 on 29/07 and completed the 1 ATR target of 56395 on same day. The 2 ATR objective comes to 56836

• BNF has confirmed a FA at 56670 on 28/07 and completed the 1 ATR target of 56247 on same day. The 2 ATR objective comes to 55283

• HVNs are at 56784 / 57133** / 57233 / 57652 (** denotes series POC)

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Weekly Zones

• (14-18 Jul) - BNF left back to back Neutral Extreme (NeuX) profiles to the downside on the weekly timeframe after making an attempt to get above previous NeuX VWAP of 57229 but saw sellers coming back strongly right at the series POC level of 57336 who drove it down to 56354 into the close leaving an extension handle at 56769 forming overlapping to lower Value at 56808-57026-57339 with this week's VWAP of 56931 now being the fresh Swing Supply point

• (07-11 Jul) - BNF has formed a Neutral Extreme (NeuX) profile to the downside confirming a FA at 57499 forming overlapping to lower Value at 57146-57185-57443 from where it has moved away with an extension handle at 57050 making a low of 56814 stalling just above the weekly VPOC of 56784 which will be the support to watch in the coming week whereas on the upside, the NeuX VWAP of 57229 will be the main supply point

• (30Jun-04Jul) - BNF continued previous week's imbalance by opening higher but left a special case A period selling tail at new ATH of 57849 and formed a Normal Variation profile to the downside this week filling up the low volume zone of the last one and took support at the Trend Week's VWAP of 56944 forming overlapping to higher Value at 57239-57687-57748 with the VWAP of 57385 being the immediate supply point for the coming session(s)

• (23-27 Jun) - BNF has formed a Triple Distribution Trend Up profile with completely higher Value at 56574-56784-57308 and the weekly VWAP at 56944 closing around the highs so looks set to continue this imbalance with the 2 ATR mark of 57691 from the daily FA of 56725 being the immediate objective

• (16-20 Jun) - BNF formed a nice Gaussian Curve for the first 4 days of the week filling up the singles zone from 55970 to 56400 from last week before giving a move away to the upside with a Trend Day on Friday making highs of 56498. This week's balance value zone is completely lower at 56013-56400-56497 with the VWAP at 56145

• Weekly Charts can be viewed here

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Monthly Zones

• The settlement day Roll Over point (Jul 2025) is 57260

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

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

• The VWAP & POC of Apr 2025 Series is 52845 & 55353 respectively