Nifty May F: 22393 [ 22490 / 22286 ]
| Open Type |
|---|
| OA (Open Auction) |
| Volumes of 29,672 contracts |
| Initial Balance |
|---|
| 110 points (22405 – 22285) |
| Volumes of 62,255 contracts |
| Day Type |
|---|
| ‘Normal Variation‘ – 204 pts |
| Volumes of 2,99,555 contracts |
It was back to balance in NF as it opened with a look down below PDL but took support at 22285 unable to tag 19th Apr’s VPOC of 22265 and made a probe higher to 22490 stalling just below the B TPO singles from previous session forming almost similar value with overlapping POC at 22390 where it has closed and can give a move away from here in the coming session(s).
Click here to view the latest profile in NF on Vtrender Charts
Daily Zones
- Largest volume (POC) was traded at 22390 F and VWAP of the session was at 22391
- Value zones (volume profile) are at 22333-22390-22445
- NF has immediate supply point at AVWAP of 22525 from Swing High of 22888 from 03/05
- NF confirmed a FA at 22977 on 09/04 and has not been tagged hence is a postional swing level
- HVNs are at NA (** denotes series POC)
Weekly Zones
- Weekly Charts can be viewed here
- (19-25 Apr) – to be updated…
Monthly Zones
- The settlement day Roll Over point (May 2024) is 22648
- The VWAP & POC of Apr 2024 Series is 22386 & 22457 respectively
- The VWAP & POC of Mar 2024 Series is 22168 & 22001 respectively
- The VWAP & POC of Feb 2024 Series is 21956 & 21930 respectively
Business Areas for 09th May 2024
| Up |
| 22402 – M TPO high (08 May) 22453 – I TPO VWAP (08 May) 22501 – 1 ATR (PDL 22286) 22568 – Selling Tail (07 May) 22603 – G TPO h/b (06 May) |
| Down |
| 22372 – K TPO VWAP (08 May) 22325 – D TPO h/b (08 May) 22265 – VPOC (19 Apr) 22215 – J TPO tail mid (19 Apr) 22175 – 1 ATR (yPOC 22390) |
BankNifty May F: 48176 [ 48354 / 48011 ]
| Open Type |
|---|
| OA (Open Auction) |
| Volumes of 16,786 contracts |
| Initial Balance |
|---|
| 211 points (48354 – 48143) |
| Volumes of 37,186 contracts |
| Day Type |
|---|
| Normal Variation – 343 points |
| Volumes of 1,60,626 contracts |
BNF remained below the RO point of 48360 and formed a nice Gaussian Curve with the probe lower being stalled with a C side extension to 48011 as it took support right above the VPOC from 22nd Apr and has a good chance to turn back to imbalance in the coming session.
Click here to view the latest profile in BNF on Vtrender Charts
Daily Zones
- Largest volume (POC) was traded at 48171 F and VWAP of the session was at 48206
- Value zones (volume profile) are at 48134-48171-48288
- BNF negated AVWAP (Anchored VWAP) of 48925 from 19/04 on 07/05
- NF has immediate supply point at AVWAP of 49036 from Swing High of 49927 from 30/04
- HVNs are at NA (** denotes series POC)
Weekly Zones
- Weekly Charts can be viewed here
- (25-30 Apr) – to be updated…
- (18-24 Apr) – to be updated…
Monthly Zones
- The settlement day Roll Over point (May 2024) is 48360
- The VWAP & POC of Apr 2024 Series is 47971 & 47994 respectively
- The VWAP & POC of Mar 2024 Series is 47051 & 47300 respectively
- The VWAP & POC of Feb 2024 Series is 46119 & 45700 respectively
Business Areas for 09th May 2024
| Up |
| 48194 – M TPO VWAP (08 May) 48300 – HVN (08 May) 48416 – VPOC (07 May) 48553 – VWAP (07 May) 48665 – Ext Handle (07 May) 48781 – B TPO VWAP (07 May |
| Down |
| 48134 – VAL (08 May) 48009 – POC (22 Apr) 47870 – PBL (22 Apr) 47766 – L TPO h/b (19 Apr) 47660 – PBL (19 Apr) 47501 – PBL (19 Apr) |
You can check the monthly charts & other swing levels for both Nifty & BankNifty here & for the weekly charts & analysis, please click here.