Nifty Mar F: 22421 [ 22608 / 22392 ]
| Open Type |
|---|
| OAIR (Open Auction In Range) |
| Volumes of 12,367 contracts |
| Initial Balance |
|---|
| 101 points (22608 – 22507) |
| Volumes of 26,824 contracts |
| Day Type |
|---|
| Normal Variation – 216 pts |
| Volumes of 1,24,034 contracts |
to be updated…
Click here to view the latest profile in NF on Vtrender Charts
Daily Zones
- Largest volume (POC) was traded at 22492 F and VWAP of the session was at 22488
- Value zones (volume profile) are at 22441-22492-22552
- NF confirmed a FA at 22022 on 29/02 and completed the 2 ATR objective of 22456
- HVNs are at 22393 / 22443** / 22497 / 22596 (** denotes series POC)
Weekly Zones
- Weekly Charts can be viewed here
- (01-07 Mar) – NF opened the week with an initiative probe to the upside right from the Mar RO point of 22188 as it left a buying tail from 22259 to 22180 and went on to record similar highs of 22547 & 22545 triggering a round of profit booking as it made a retracement down to 22322 taking support just above previous week’s VAH of 22293 and saw demand coming back resulting in a fresh imbalance and new ATH of 22620 but lack of fresh buying led to another round of profit booking as the auction came down to 22526 before closing the week at 22552 leaving a Normal Variation profile with completely higher Value at 22335-22443-22551 with the VWAP at 22452.
Monthly Zones
- The settlement day Roll Over point (March 2024) is 22188
- The VWAP & POC of Feb 2024 Series is 21956 & 21930 respectively
- The VWAP & POC of Jan 2024 Series is 21581 & 21635 respectively
- The VWAP & POC of Dec 2023 Series is 21226 & 21377 respectively
Business Areas for 12th Mar 2024
| Up |
| 22446 – L TPO VWAP 22488 – VWAP (11 Mar) 22513 – D TPO halfback 22564 – A TPO VWAP 22611 – 1 ATR (WVPOC 22113) |
| Down |
| 22410 – M TPO VWAP 22365 – SOC (06 Mar) 22316 – Ext Handle (01-Mar) 22259 – Buy Tail (01-Mar) 22219 – IB singles mid |
BankNifty Mar F: 47489 [ 47978 / 47403 ]
| Open Type |
|---|
| OA (Open Auction) |
| Volumes of 9,291 contracts |
| Initial Balance |
|---|
| 222 points (47978 – 47756) |
| Volumes of 26,849 contracts |
| Day Type |
|---|
| Double Distribution 575 points |
| Volumes of 1,54,562 contracts |
to be updated…
Click here to view the latest profile in BNF on Vtrender Charts
Daily Zones
- Largest volume (POC) was traded at 47504 F and VWAP of the session was at 47624
- Value zones (volume profile) are at 47412-47504-47723
- BNF confirmed a FA at 47487 on 05/03 and completed 1 ATR objective comes of 48170 on 06/03. This FA got revisted on 11/03 which was the ‘T+3’ day and is no longer a valid reference
- HVNs are at 47584** / 48217 (** denotes series POC)
Weekly Zones
- Weekly Charts can be viewed here
- (01-06 Mar) – BNF left a Trend Up weekly profile hitting the 2 IB target of 48343 forming completely higher value at 47444-47567-48229 with a closing HVN at 48217 which will be the immediate reference on the upside in the coming week staying above which it could go for the higher VPOC of 48480 and HVN of 48864 from the weekly profile of 11th to 17th Jan whereas on the downside, this week’s VWAP of 47694 will be an important swing support.
Monthly Zones
- The settlement day Roll Over point (March 2024) is 46610
- The VWAP & POC of Feb 2024 Series is 46119 & 45700 respectively
- The VWAP & POC of Jan 2024 Series is 46353 & 48119 respectively
- The VWAP & POC of Dec 2023 Series is 47337 & 47918 respectively
Business Areas for 12th Mar 2024
| Up |
| 47504 – POC (11 Mar) 47624 – DD VWAP (11 Mar) 47750 – Ext Handle (11 Mar) 47882 – Selling Tail (11 Mar) 48035 – VWAP (07 Mar) |
| Down |
| 47441 – Buy tail (11 Mar) 47375 – Ext Handle (01 Mar) 47186 – VWAP (01 Mar) 46999 – Ext Handle (01 Mar) 46888 – HVN (01-Mar) |
You can check the monthly charts & other swing levels for both Nifty & BankNifty here & for the weekly charts & analysis, please click here.