Nifty Apr F: 22602 [ 22647 / 22515 ]
| Open Type |
|---|
| OA (Open Auction) |
| Volumes of 22,516 contracts |
| Initial Balance |
|---|
| 132 points (22647 – 22515) |
| Volumes of 43,554 contracts |
| Day Type |
|---|
| Normal – 132 pts |
| Volumes of 1,27,526 contracts |
NF opened higher making a drive like start on very good volumes as it went on to look up above previous highs but only managed to tag 22647 in the B period and could not extend any further leaving a well balanced Normal Day on the first day of the new series leaving a buying tail from 22558 to 22515 and a prominent POC at 22608 which will be the important levels to watch in the next open.
Click here to view the latest profile in NF on Vtrender Charts
Daily Zones
- Largest volume (POC) was traded at 22608 F and VWAP of the session was at 22600
- Value zones (volume profile) are at 22586-22608-22618
- HVNs are at NA (** denotes series POC)
Weekly Zones
Monthly Zones
- The settlement day Roll Over point (April 2024) is 22607
- The VWAP & POC of Mar 2024 Series is 22168 & 22001 respectively
- The VWAP & POC of Feb 2024 Series is 21956 & 21930 respectively
- The VWAP & POC of Jan 2024 Series is 21581 & 21635 respectively
Business Areas for 02nd Apr 2024
| Up |
| 22608 – POC (01 Apr) 22645 – Sell tail (01 Apr) 22680 – 2-day VPOC (11-12 Mar) 22719 – POC (07 Mar) 22756 – FA (07 Mar) |
| Down |
| 22593 – L TPO VWAP (01 Apr) 22558 – Buying Tail (01 Apr) 22514 – Gap mid (01 Apr) 22470 – M TPO POC (28 Mar) 22430 – Ext Handle (28 Mar) |
BankNifty Apr F: 47913 [ 47947 / 47647 ]
| Open Type |
|---|
| OA (Open Auction) |
| Volumes of 18,693 contracts |
| Initial Balance |
|---|
| 297 points (47944 – 47647) |
| Volumes of 47,328 contracts |
| Day Type |
|---|
| Normal ‘p’ shape – 300 points |
| Volumes of 1,97,074 contracts |
BNF opened with a gap up confirming a move away from previous POC of 47698 as it went on to repair the ledge of 47763 scaling above the reference of 47780 to make a high of 47944 in the A period but then did not attract any more fresh volumes for the rest of the day as it remained inside a narrow range leaving a ‘p’ shape profile with a buying tail from 47790 to 47647 and a prominent POC at 47878 and made a pretty late attempt to spike higher but could only manage to tag 47947 so will need to sustain above this for a re-visit to the FA of 48024 from 13th Mar.
Click here to view the latest profile in BNF on Vtrender Charts
Daily Zones
- Largest volume (POC) was traded at 47878 F and VWAP of the session was at 47868
- Value zones (volume profile) are at 47843-47878-47889
- HVNs are at NA (** denotes series POC)
Weekly Zones
Monthly Zones
- The settlement day Roll Over point (April 2024) is 47190
- The VWAP & POC of Mar 2024 Series is 47051 & 47300 respectively
- The VWAP & POC of Feb 2024 Series is 46119 & 45700 respectively
- The VWAP & POC of Jan 2024 Series is 46353 & 48119 respectively
Spot Hypos for 02nd Apr 2024
| Up |
| 47924 – M TPO VWAP (01 Apr) 48024 – FA (13 Mar) 48143 – C TPO VWAP (12 Mar) 48250 – SOC (12 Mar) 48373 – VPOC (07 Mar) 48474 – HVN (07 Mar) |
| Down |
| 47870 – L TPO VWAP (01 Apr) 47790 – Buying Tail (01 Apr) 47698 – POC (28 Mar) 47593 – VWAP (28 Mar) 47499 – L TPO POC (28 Mar) 47337 – HVN (28 Mar) |
You can check the monthly charts & other swing levels for both Nifty & BankNifty here & for the weekly charts & analysis, please click here.