The selling was quiet at the open in both the Nifty and the Banknifty but once the “B” period got underway the auction one time framed lower and the close was in the lower quadrant. The series of September was traded with a vwap of 11304 and dominated by sellers. The auction over the course of the next few days should retrace a bit but is expected to run into selling especially around 11450 again.
A weekly outlook was updated on Saturday at –https://vtrender.com/market-profile-view-and-charts-for-the-week-of-24th-to-28th-sept/
Nifty Sept 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 in range
- The day type was a Trend day
- Largest volume was traded at 11025 F today
- Vwap of the session was at 11064 with volumes of 118.9 L in a session which traded a High-Low range of 11143- 11007 for 137 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 11081- 11025-11010 for tomorrow
Plan :
a) The auction is looking to hold 10985 F, for now,
b)supply at 11088 may push back intra day longs
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BNF Sept 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 Trend day
- Vwap of the day was at 25314 with Volumes of 22.8 L and a High – Low of 25565-25135 for a range of 428 points.
- Largest Volume was traded at 25170 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 25340-25180-25140 for tomorrow
Plan :
a) TheBanknifty has immediate support at 25115
b) the 25370 zone likely to produce supply
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