Love Vtrender Charts? Check out our new offer!

Vtrender

Monthly charts (Aug 2025) and Market Profile Analysis

MarketProfile Analysis of the Monthly timeframe for Nifty and BankNifty Spot

Nifty Spot: 24426 [ 25153 / 24337 ] - Neutral Extreme (Down)

Previous month's report ended with this 'The monthly profile is a Double Distribution (DD) Trend one to the downside with overlapping to higher Value at 25095-25452-25608 which has the DD singles zone from 25255 to 25331 which will be the upper supply zone along with the series VWAP of 25142 going forward with the immediate one being the RO Point of 24860 along with 31st Jul halfback of 24796 as we enter the new month of August'

Nifty began the month of August with a Failed Auction (FA) at 24784 indicating that the PLR (Path of Least Resistance) remained to the downside as it completed the 2 ATR objective of 24398 in the first week also tagging the monthly HVN of 24389 from May 2025 but made similar lows of 24344 & 24337 in the first full week of trade.

The second week started with another low in the same zone at 24347 marking the end of the downside as the auction continued to remain in a range forming a balance on the longer timeframe but the start of the third week with a gap of of 306 points changed the monthly structure and forced the sellers to exit above the RO point of 24860 making a slow probe higher for most part of the week as it went on to test the July series VWAP of 24142 while hitting 25153 but left a very important single TPO responsive selling tail which was followed by aggressive sellers coming from 22nd who then drove it back lower to 24404 into the close leaving daily VPOCs at 25116, 24950, 24803 & 24590

The monthly profile is a Neutral Extreme one to the downside with completely lower Value at 24344-24624-24781 with a close jus above the montlly HVN of 24389 which will be the immediate support below which Nifty can go for a test of the buying tail from 24150 and the monthly FA of 23935 from May 2025 whereas on the upside we have a daily FA at 24572 as the immediate level to watch above which the monthly POC of 24624 along with the RollOver (RO) point of 24650 will be the higher supply zone with the series VWAP of 24718 being the Swing reference which the buyers will need to take out to make any kind of impression in September.

Monthly Zones

  • The settlement day Roll Over point (September 2025) is 24650

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

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

  • The VWAP & POC of Jun 2025 Series is 25008 & 25109 respectively

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

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

  • The VWAP & POC of Mar 2025 Series is 22991 & 22491 respectively

BankNifty Spot: 53655 [ 56156 / 53606 ] - Neutral Extreme (Down)

Previous month's report ended with this 'The monthly profile is a Normal Variation one to the downside with a nice Gaussian Curve as the value area zone at 56560-57013-57354 but has moved away from here with a drop of just over 1000 points leaving a daily FA at 55547 which will be the support for the new month apart from the buying tail from 55843 whereas on the upside, the first hurdle will be the RO Point of 56170 above which we have the NeuX highs (31 Jul) of 56406 as the higher supply point.'

BankNifty opened weak getting accepted in July's buying tail from 55843 on the very first day and went on to break below the FA of 55547 resulting in lows of 54905 on 08th Aug but showed profit booking and demand coming back near the important support of 55019 which was the May 2025 series VWAP as it formed a 6-day composite with completely overlapping value and a prominent POC at 55131 at the close of the second week.

The auction moved away from this balance with a big gap up of almost 600 points at the start of the third week but left similar highs at 56143 & 56156 in the IB stalling just below the RO point of 56170 indicating that the sellers were holding this zone resulting in another 4-day balance with a prominent POC at 55780 and the expected imbalance started with an initiative selling tail on 22nd Aug and continued with an OTF (One Time Frame) probe lower confirming a FA (Failed Auction) on the monthly timeframe and hitting new lows of 53606 into the close.

The monthly profile is a Neutral Extreme one to the downside with completely lower value area at 55042-55131-55809 with extension handles at 54905, 54396 and 53768 which will be the supply points to watch out for in the month of September with the RO (RollOver) point of 54260 also being an important reference in between with the series VWAP of 55171 now being a Swing reference whereas on the downside, BankNifty has immediate support at buying extension handle of 53164 from Apr along with the series VWAP of 52845 below which it can go for a test of the 2025 yearly extension handle of 52064.

Monthly Zones

  • The settlement day Roll Over point (September 2025) is 54260

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

  • 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

  • The VWAP & POC of Apr 2025 Series is 52485 & 55353 respectively

  • The VWAP & POC of Mar 2025 Series is 49563 & 48335 respectively