The Buyers managed to get a toehold back into the auction today as they defended aggressively the region below 10950 which the sellers were trying to establish control on. There were 2 runs below 10970 twice in the day and buyers were able to push back the aggressive sellers on both occasions. They also managed a range extension above 11060 late in the session which they have to defend again tomorrow if they want to move towards 11180 and 11220 F again.
A weekly outlook was updated on Saturday at –https://vtrender.com/market-profile-view-and-charts-for-the-week-of-24th-to-28th-sept/
Nifty Sept 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 test drive lower
- The day type was a Normal variation day
- Largest volume was traded at 11005 F today
- Vwap of the session was at 11005 with volumes of 175.7 L in a session which traded a High-Low range of 11103-10909 for 194 points
- FA seen at 11297 visited on day T+3. 2 ATR of the move at 11000.
Monthly Zones:
- The vwap of the Aug series is at 11444 spot and the POC was at 11480
- The vwap of the Sept series is at 11444 spot and the POC was at 11540
- The settlement day (Aug ) rollover volume point is at 11739 F.
- Highest Rollover point was at 11772 Sept F
Weekly Zones :
- The weekly profile has a sell-side excess at 11490
- The weekly profile also had a minor selling excess at 11600Fin the week prior
- Failed auction zone is 11650F
- Another Failed auction is lower at 11297 ( visited T+3)
- The 11350 zone has active sellers and should meet more selling if price goes there
- The 11720- 11735 scene of crime zone is added supply above the FA point of 11650
- The FA at 11297 is a very important pivot for the next auction.
Daily Zones:
- Value zones ( volume profile) are at 11057-11005-10963 for tomorrow
Plan :
a) The immediate auction now has a support at 111005
b)supply at 11135 and 11180 for the auction on any upmoves
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BNF Sept 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 25036 with Volumes of 87.3 L and a High – Low of 25430-24706 for a range of 729 points.
- Largest Volume was traded at 25080 F today
Monthly Zones :
- The vwap of Aug series is at 27923 spot with POC of 28280
- The vwap of Sept series is at 26970 spot with POC of 27360
- The settlement day rollover volume point (aug) is at 28232 F.
- Highest Rollover point was at 28232 Sept F
Weekly Zones :
- Supply is heavy at 26540 and 27320 right above
- The 26330 F and 26000 F has also heavy sell side volumes
- support is at 25220
Daily Zones:
- Value zones ( volume profile) are at 25247-25080-24845 for tomorrow
Plan :
a) The 25360 zone has new supply
b) the 25080 zone also support
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