Monthly charts (Jun 2025) and Market Profile Analysis

Previous month's report ended with this 'The monthly profile once again is a Neutral Extreme (NeuX) one to the upside which also resembles a balance with completely higher Value at 24545-24757-25046 and has a long responsive buying tail from 24150 to 23935 with an important swing low at 24462 which will be the support levels for the coming month with the immediate reference being the NeuX series VWAP of 24673 along with the daily VPOC of 24601 whereas on the upside, Nifty will need to show initiative buying at the 25063 level for a probe towards the higher supply points of 25234 & 25485 from Oct 2024 with the RO point of 24945 for the June series being an important hurdle'

Previous month's report ended with this 'The monthly profile is a well balanced one which remained completely inside previous Value except for one day where it left a buying tail from 53919 to 53483 forming Value at 54763-55320-55589 with the series VWAP which will be an important support in the coming month at 55019. The RO (RollOver) point for the June series is at 55900 and BankNifty will need to show some initiative buying at that level for move back to imbalance mode to the upside'