Nifty Jul F:
NF made a Neutral Extreme Day on expiry with poor highs & poor lows but higher Value. Detailed report to follow…
- The NF Open was a Open Auction (OA)
- The day type was a Neutral Day
- Largest volume was traded at 11915 F
- Vwap of the session was at 11925 with volumes of 124.3 L making a range of 75 points as it made a High-Low of 11956-11881
- The settlement day Roll Over point is 11915
- The VWAP & POC of May Series is 11613 & 11696 respectively.
- The VWAP & POC of Apr Series is 11641 & 11592 respectively.
- The VWAP & POC of Mar Series is 11327 & 11448 respectively.
You can check the monthly charts & other swing levels for Nifty & NF here & for the weekly charts & analysis, please click here.
Daily Zones:
- Value zones (volume profile) are at 11909-11915-11942
Hypos / Estimates for the next session:
a) NF needs to sustain above 11915 for a move to 11940 & 11955-962
b) Staying below 11915, the auction could test 11896-890 & 11874
c) Above 11962, NF could probe higher to 11976-982 & 11998-12009
d) Below 11874, lower levels of 11855-833 & 11819-811 could be tagged
e) If 12009 is taken out, the auction can rise to 12025-30 & 12050-57
f) Break of 11811 can trigger a move lower to 11797-777 & 11754
BankNifty Jul F:
Report to be updated…
- The BNF Open was a Open Auction Out of Range (OAOR)
- The day type was a Neutral Day
- Largest volume was traded yet again at 31400 F
- Vwap of the session was at 31392 with volumes of 16.8 L in a session which traded making a High-Low of 31514-31236 making a range of 278 points
- The settlement day Roll Over point is 31400
- The VWAP & POC of May Series 30211 & 28940 respectively
- The VWAP & POC of Apr Series is 30037 & 29762 respectively.
- The VWAP & POC of Mar Series is 29061 & 29778 respectively.
For the Monthly charts & other swing levels for BankNifty & BNF click here & for the weekly charts & analysis, please click here.
Daily Zones:
- Value zones (volume profile) are at 31334-31400-31442
Hypos / Estimates for the next session:
BNF hypos for next session
a) BNF needs to stay above 31400 for a move higher to 31490-500 & 31580-600
b) Staying below 31400, the auction can test 31320-300 & 31215
c) Above 31600, BNF can probe higher to 31680 & 31734
d) Below 31215, BNF can fall lower to 31176-150 & 31060-50
e) Sustaining above 31734, BNF can give a fresh move uo to 31785 & 31842-880
f) Break of 31050 could trigger a move down 30953 & 30860
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