The second day of the new series of October also saw an aggressive 2-way auction but there was a role reversal between the buyers and the sellers today. Today it was the turn of the responsive buyers who struck out against the aggressive sellers of the Open and managed to turn the intra day trend around.
It was a neutral extreme in the Nifty and the BankNifty futures today and the sharp responsive buying we saw at the lows today especially in the Order Flow charts of the BankNifty would hint that the lows of today’ session could hold for the next few and more.
The close was again at the established supply of 11088F which we have been pointing out all through last week. The Profile also hinted at the buying getting too emotional at the close
A weekly outlook was updated on Saturday at – https://vtrender.com/weekly-outlook-for-the-week-dated-01st-oct-to-5th-oct/
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 auction
- The day type was a Neutral extreme day
- Largest volume was traded at 10925 F today
- Vwap of the session was at 10947 with volumes of 122.5 L in a session which traded a High-Low range of 11090- 10857 for 232 points
For the weekly and other swing levels of the Nifty go to – https://vtrender.com/support-and-resistance-levels-nifty-bank-nifty-futures/
Daily Zones:
- Value zones ( volume profile) are at 10987-10925-10861 for tomorrow
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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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 auction
- The Day type was a Neutral day
- Vwap of the day was at 25151 with Volumes of 57.8 L and a High – Low of 25560-24861 for a range of 698 points.
- Largest Volume was traded at 25110 F today
For the weekly and other swing levels of the BankNifty go to – https://vtrender.com/support-and-resistance-levels-nifty-bank-nifty-futures/
Daily Zones:
- Value zones ( volume profile) are at 25235-25110-24897 for tomorrow
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