Nifty Mar F: 7581 [ 8189 / 7551 ]
HVNs – (7580) / 7719 / (7870) (7900) / 8196 / 8280 / 8568 / 8740 / (8900) / (9110-120) / 9200 / 9380
Report to be updated…
- The NF Open was a Open Auction Out of Range (OAOR)
- The day type was a Normal Variation Day – Down (NV)
- Largest volume was traded at 7719 F
- Vwap of the session was at 7759 with volumes of 221.6 L and range of 638 points as it made a High-Low of 8189-7551
- NF confirmed a FA at 9358 on 17/03 and tagged the 2 ATR move of 8613 on 18/03. This FA is currently on ‘T+5’ Days
- The settlement day Roll Over point (Mar) is 11610
- The VWAP & POC of Feb Series is 11944 & 12125 respectively.
- The VWAP & POC of Jan Series is 12178 & 12132 respectively.
- The VWAP & POC of Dec Series is 12087 & 12182 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 7626-7719-7872
Main Hypos for the next session:
a) NF needs to sustain above 7580-7605 for a rise to 7632-75 / 7719-28 / 7759-80 / 7800-20 & 7854-80
b) The auction remains weak below 7575-63 and could fall to 7533-27 / 7485 / 7418-04 / 7370-47 & 7308
Extended Hypos:
c) Above 7880, NF can probe higher to 7905 / 7989 / 8025-90 / 8130 & 8175-89
d) Below 7308, the auction can move lower to 7268-40 / 7168-59 / 7125 & 7046
-Additional Hypo-*:
e) NF if gets accepted above 8189* could lead to a rise to 8226 / 8260-90 / 8340-60 / 8400 / 8435-50 & 8490-8510
BankNifty Mar F: 16881 [ 19200/ 16741 ]
HVNs – hvns @ 16857 / 16975 / 17355 / (18280) / 18930 / 19550 / 19785 / 19930 / 20184 / (20248) / 20385 / 20500 / 23000
Report to be updated…
- The BNF Open was a Open Auction Out of Range (OAOR)
- The day type was a Double Distribution Trend Day – Down (DD)
- Largest volume was traded at 16857 F
- Vwap of the session was at 17541 with volumes of 39.7 L and range of 2459 points as it made a High-Low of 19200-16741
- The Trend Day VWAP of 18/03 at 20990 will be an important positional supply point in the days to come.
- The settlement day Roll Over point (Mar) is 30520
- The VWAP & POC of Feb Series is 30692 & 30692 respectively.
- The VWAP & POC of Jan Series is 31425 & 32104 respectively.
- The VWAP & POC of Dec Series is 31956 & 32102 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 16742-16857-17715
Main Hypos for the next session:
a) BNF needs to sustain above 16880-905 for a rise to 16980-990 / 17055-110 / 17160 / 17245-294 / 17355-381 / 17435 & 17488-500
b) The auction has immediate support at 16850-801 below which it could probe down to 16740-717 / 16575 / 16524-488 / 16416-379 & 16280-260
Extended Hypos:
c) Above 17500, BNF can probe higher to 17541-570 / 17640 / 17710-738 / 17830 / 17880-925 & 18015
d) Below 16260, lower levels of 16176 / 16119 / 16008 / 15906-855 & 15555 could come into play
Additional Hypos*:
e) BNF if gets accepted above 18015* could lead to a rise to 18130-200 / 18280-300 / 18435-523 / 18599 & 18790
f) If 15555* is taken out, the auction can fall to 15489-450 / 15325 / 15212 / 15090 & 14950
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