Market profile analysis dated 29th oct

We had an OTF up after A period which also had singles at lows (10088-10055) with extension Market Profile handle at 10173 (which is also weekly POC) leaving singles at 10173-10188 and spike close with a second Extension Handle at 10245 & spike from 10245 to 10306. It was a big 3.7 IB up day so could consolidate. Also, closed above the FA of 10220 so 1ATR from there comes to 10395 which will be the level to watch this week above the vpoc of 10345. On the downside immediate level in focus will be the extension handle of 10245 & below that the trend day POC & VWAP at 10185 & 10175.

• The NF Open was an Open Auction In Range
• The day type was a Trend Day
• Largest volume was traded at 10185 F
• Vwap of the session was at 10175 with volumes of 142.2 L in a session which traded a High-Low range of 10306-10055 for 251 points
• The vwap of 17/10 at 10612 is the resistance now for NOV

For the weekly and other swing levels of the Nifty go to – https://vtrender.com/support-and-resistance-levels-nifty-bank-nifty-futures/ (has monthly and weekly Profile charts updated to trade date 26/10)

Daily Zones:

• Value zones ( volume profile) are at 10131-10188-10303

Hypos / Estimates for the next session:

a) supply at 10356- 10367

b) support at 10185 on any drop

c) immediate support at 10236

For more tradeable ideas and intraday trading strategies based on Market Profile and the OrderFlow live charts with Order Flow analysis Live, subscribe to the trading room. The Vtrender Trading Room hosts India’s largest MarketProfile community live every trading session from 9.15 am to 3.30 pm.

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BankNifty Nov F:

BNF made a open just above Friday’s spike high of 24692 but got swiftly rejected lower & after the first 30mins began to coil in a narrow range filling up the low volume zone of Friday’s profile & once that was done it broke out higher first leaving an extension handle at 24780 & kept trending higher into the close though gave that customary pull back low of the Trend day which was at 24834 after which it left another extension handle at 24980 and managed to close at highs. It also closed above the Friday’s FA of 24906 which means the 1ATR level from there of 25250 is now on the cards.

• The BNF Open was an Open Auction In Range
• The day type was a Trend Day
• Largest volume was traded at 24960 F
• Vwap of the session was at 24780 with volumes of 42 L in a session which traded a High-Low range of 25089-24771 for 618 points
• The vwap of 17/10 at 25500 is the resistance now for NOV

For the weekly and other swing levels of the Bank Nifty go to – https://vtrender.com/support-and-resistance-levels-nifty-bank-nifty-futures/(The BN Monthly and BN weekly F charts are posted at the same link)

Daily Zones:

• Value zones ( volume profile) are at 25082-24960-24645

Hypos / Estimates for the next session:

a) supply at 25220 on any probe higher

b) immediate support at 24960

c) support at 24780 on any further drop

For more tradeable ideas and intraday trading strategies based on MarketProfile and the OrderFlow live charts with OrderFlow analysis Live, subscribe to the trading room. The Vtrender Trading Room hosts India’s largest MarketProfile community live every trading session from 9.15 am to 3.30 pm.

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Tags/ Keywords: Market Profile, Order Flow, BankNifty

Related URL (optional):

https://vtrender.in/market-profile-charts-dated-29th-oct/

https://vtrender.in/order-flow-charts-dated-26th-oct-5-min/

https://vtrender.in/banknifty-option-charts-7th-may-2015/

Market profile analysis dated 22nd oct

An open drive down in the Nifty ensured a close at the opposite end yet again. The profile was a b but with a spike into the close which hit the VPOC of 11/10.

The PLR remains downwards and it is easy to see that from the past 3 sessions with the opens and the range extensions it is the sellers who are doing a better job.

The last 3 auctions on Wednesday and Friday and today would tell you that sellers are much in control again and driving the auction currently.

I am speaking at depth on how to read the information from the Market Profile

in Mumbai on Nov 3. It’s an all-day event. I’m also doing a primer on #OrderFlow

Day schedule, Venue, timings, cost and other details at – https://vtrender.com/market-profile-workshop-on-trading-strategies/#

Register your seat at – https://goo.gl/uNvqbT

Nifty Oct F:

Intraday and swing trading view for Nifty Futures below the chart. ( This chart is Live in the Vtrender Trading Room)

• The NF Open was an Open drive down
• The day type was a Normal variation day
• Largest volume was traded at 10305 F Friday
• Vwap of the session was at 10305 with volumes of 137.3 L in a session which traded a High-Low range of 10405-10206 for 199 points
• We got an FA at 10212 which was visited on day T+3 . However, the auction did not settle below 10212.
• The other FA at 10424 stands negated.
• The vwap of 17/10 at 10558 is the resistance now for rest of series.

For the weekly and other swing levels of the Nifty go to – https://vtrender.com/support-and-resistance-levels-nifty-bank-nifty-futures/

( has monthly and weekly Profile charts updated to trade date 18/10)

Daily Zones:

• Value zones ( volume profile) are at 10341-10305-10280 tomorrow

Hypos / Estimates for the next session :

a) supply now firm at 10560-10580 and lower at 10420

b) 10340 was an expected support but is broken and now another supply zone

c) 10212 is the support

For more tradeable ideas and intraday trading strategies based on MarketProfile and the OrderFlow live charts with OrderFlow analysis Live, subscribe to the trading room. The Vtrender Trading Room hosts India’s largest MarketProfile community live every trading session from 9.15 am to 3.30 pm.

If not a Trading Room member you can get immediate access at – https://in.explara.com/e/vtrender–trading–room/checkout

BNF Oct F:

Intraday Trading strategies using OrderFlow analysis and MarketProfile done Live with a Live analysis in the Vtrender Trading Room

• The BNF Open was an Open drive down
• The Day type was a Normal variation day
• Vwap of the day was at 25237 with Volumes of 46.6 L and a High – Low of 25495-24966 for a range of 260 points.
• Largest Volume was traded at 25270 F today
• FA seen at 24285 F on day T+9

For the weekly and other swing levels of the BankNifty go to – https://vtrender.com/support-and-resistance-levels-nifty-bank-nifty-futures/

The BN Monthly and BN weekly F charts are posted at the same link

Daily Zones:

• Value zones ( volume profile) are at 25362-25270-25150 for tomorrow

Hypos / Estimates for the next session :

a) The supply at 25460 stood still today and pushed the index lower

b) supp expected at 24870 F

For more tradeable ideas and intraday trading strategies based on MarketProfile and the OrderFlow live charts with OrderFlow analysis Live, subscribe to the trading room. The Vtrender Trading Room hosts India’s largest MarketProfile community live every trading session from 9.15 am to 3.30 pm.

If not a Trading Room member you can get immediate access at – https://in.explara.com/e/vtrender–trading–room/checkout</strong

Market profile view and charts for the week of 24th to 28th sept

The Market Profile is a unique charting tool that enables traders to observe the two-way auction process that drives all market movement

The market value area is especially Auction Market Theory important for day traders to identify. It guides short-term traders to the price levels where the greatest volume of trading is taking place.

To know more about the Market Profile visit – https://vtrender.com/market-profile-terminology/

Market profile analysis dated 16th oct

We had a Neutral Extreme close yesterday on the Nifty. The auction of today accepted above the Neutral extreme highs very early in the session Auction Market Theory and there was no case of the sellers getting on the offensive once Buyers assumed control over VAH. This is simple Market Profile and is basic to understand control of the tape. Buyers rule the areas above the VAH.

Zooming out, we can see that in the last 5 sessions of the chart which has been posted below, the Initiative Buyers have managed to hold the control right from the open in 4 off the 5 sessions. Market Profile Sellers have not been able to extend prices below the IB in 4 of the 5 sessions. What does that tell you about the control in the Intraday Time Frame?

These are basic parameters we look at whilst reading the information from the market.

I am speaking at depth on how to read the information from the markets in Mumbai on Nov 3. It’s an all-day event. I’m also doing a primer on #OrderFlow

Day schedule, Venue, timings, cost and other details at – https://vtrender.com/market-profile-workshop-on-trading-strategies/#

Register your seat at – https://goo.gl/uNvqbT

Nifty Oct F:

Intraday and swing trading view for Nifty Futures below the chart. ( This chart is Live in the Vtrender Trading Room)

• The NF Open was an Open drive higher
• The day type was a Normal variation day
• Largest volume was traded at 10589 F Friday
• Vwap of the session was at 10569 with volumes of 91.6 L in a session which traded a High-Low range of 10599-10516 for 82 points
• We got an FA at 10212 which was visited on day T+3 . However, the auction did not settle below 10212.
• The other FA at 10424 stands negated.

For the weekly and other swing levels of the Nifty go to – https://vtrender.com/support-and-resistance-levels-nifty-bank-nifty-futures/

( has monthly and weekly Profile charts updated to trade date 12/10)

Daily Zones:

• Value zones ( volume profile) are at 10595-10590-10560 for tomorrow

Hypos / Estimates for the next session :

a) next round of supply only at 10650- 10660

b) 10480 is immediate support

c) 10590-10535-10515- 10480  are the zones to watch for OrderFlow behavior

For more tradeable ideas and intraday trading strategies based on MarketProfile and the OrderFlow live charts with OrderFlow analysis Live, subscribe to the trading room. The Vtrender Trading Room hosts India’s largest MarketProfile community live every trading session from 9.15 am to 3.30 pm.

If not a Trading Room member you can get immediate access at – https://in.explara.com/e/vtrender–trading–room/checkout

BNF Oct F:

Intraday Trading strategies using OrderFlow analysis and MarketProfile done Live with a Live analysis in the Vtrender Trading Roo

• The BNF Open was an Open drive
• The Day type was a Normal day
• Vwap of the day was at 25600 with Volumes of  36.9 L and a High – Low of 25704-25317 for a range of 347 points.
• Largest Volume was traded at 25650 F today
• FA seen at 24285 F yesterday on day T+6

For the weekly and other swing levels of the BankNifty go to – https://vtrender.com/support-and-resistance-levels-nifty-bank-nifty-futures/

The BN Monthly and BN weekly F charts are posted at the same link

Daily Zones:

• Value zones ( volume profile) are at 25665-25650-25585 for tomorrow

Hypos / Estimates for the next session :

a) The near support is at 25160

b) the next supply zone is at 25760

d) zones to watch for OrderFlow are at 25760- 25650- 25550 and 25390

For more tradeable ideas and intraday trading strategies based on MarketProfile and the OrderFlowlive charts with OrderFlow analysis Live, subscribe to the trading room. The Vtrender Trading Room hosts India’s Auction Market Theory

largest MarketProfile community live every trading session from 9.15 am to 3.30 pm.

If not a Trading Room member you can get immediate access at – https://in.explara.com/e/vtrender–trading–room/checkout</strong