Nifty Jun F: 23731 [ 23746 / 23550 ]
| Open Type |
|---|
| OAOR (Open Auction) |
| Volumes of 13,679 contracts |
| Initial Balance |
|---|
| 73 points (23624 – 23550) |
| Volumes of 48,572 contracts |
| Day Type |
|---|
| Trend – 196 pts |
| Volumes of 2,54,050 contracts |
NF made an OAOR start on low volumes but remained above previous Value forming a narrow range balance in the first half of the day before starting the expected imbalance from the G TPO onwards leaving an extension handle at 23625 confirming a move away from the 5-day composite forming a Trend Day Up not only taking out the FA of 23669 but went on to make new ATH of 23746 into the close but saw profit booking coming in as the dPOC shifted to the top.
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Daily Zones
- Largest volume (POC) was traded at 23737 F and VWAP of the session was at 23652
- Value zones (volume profile) are at 23605-23737-23744
- NF has confirmed a FA at 23669 on 19/06 and the 1 ATR objective on the downside comes to 23302. This FA was taken out on 25/06 and closed above hence triggering the 1 ATR target of 24038 on the upside.
- HVNs are at 21960 / 22745 / 23398** (** denotes series POC)
Weekly Zones
- Weekly Charts can be viewed here
- (14-20 Jun) – NF has formed a Normal Variation weekly profile in a narrow range of 319 points with completely higher Value at 23463-23572-23598 with the VWAP at 23525 and has couple of HVNs at 23456 & 23572 so needs a move away from one of them on initiative volumes in the coming week for a imbalance in that direction
- (07-13 Jun) – NF has formed a composite ‘p’ shape profile for the week with completely higher value at 23248-23998-23435 and has closed around the POC which will be the opening reference for the new settlement with VWAP of 23291 being an important support
- (31 May-06 Jun) – to be updated…
Monthly Zones
- The settlement day Roll Over point (June 2024) is 22645
- The VWAP & POC of May 2024 Series is 22462 & 22479 respectively
- The VWAP & POC of Apr 2024 Series is 22402 & 22457 respectively
- The VWAP & POC of Mar 2024 Series is 22168 & 22001 respectively
Business Areas for 26th Jun 2024
| Up |
| 23737 – POC (25 Jun) 23775 – 1 ATR (4-day POC 23398) 23816 – 1 ATR (Ext Handle 23445) 23852 – 1 ATR (VWAP 23481) 23917 – 1 ATR (VPOC 23546) 23968 – 1 ATR (VAH 23597) |
| Down |
| 23716 – L TPO VWAP (25 Jun) 23652 – TD VWAP (25 Jun) 23606 – SOC (25 Jun) 23546 – 5-day VPOC (18-24 Jun) 23481 – VWAP (24 Jun) 23445 – Ext Handle (24 Jun) |