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Nifty Aug F: 24441 [ 24694 / 24413 ] Normal Variation (Down)
Open Type |
|---|
OAIR (Open Auction) |
Volumes of 7,607 contracts |
Average
Initial Balance |
|---|
24694 - 24515 (179 points) |
Volumes of 22,140 contracts |
Above Average
Day Type |
|---|
24694 - 24413 (281 points) Normal Variation |
Volumes of 79,655 contracts |
Above Average
NF not only failed to give any follow through to the NeuX (Neutral Extreme) close of previous session but went on to negate the extension handle of 24616 in the A TPO and broke the important NeuX VWAP of 24558 in the B period with an extension handle at 24568 indicating sellers taking back control as they went on to test the responsive buying tail of previous profile while making a low of 24413 leaving an Inside Bar both in terms of the range and value. The closing HVN at 24440 will be the opening reference for Monday whereas today's VWAP of 24519 will be the first big hurdle for the buyers to take out.
Click here to view the latest profile in NF on Vtrender Charts
Largest volume (POC) was traded at 24513 F and VWAP of the session was at 24518
Value zones (volume profile) are at 24469-24513-24557
HVNs are at 24683** / 24959 (** denotes series POC)
Weekly Charts can be viewed here
(01-07 Aug) - NF has formed a nice balanced profile for the week with completely lower Value at 24622-24683-24803 and had made an attempt to move away from this zone on settlement day but left a responsive buying tail from 24434 to 24409 and gave a sharp bounce back to 24721 before closing around the prominent POC of 24683 which will be the reference for the coming week.
(25-31 Jul) - NF has formed a nice balanced profile on the weekly with an initiative selling tail taking it away from previous Value hence was completely lower this week at 24817-24959-25029 with the VWAP at 24895
The settlement day Roll Over point (Aug 2025) is 24860
The VWAP & POC of Jul 2025 Series is 25142 & 25452 respectively
The VWAP & POC of Jun 2025 Series is 25009 & 25109 respectively
The VWAP & POC of May 2025 Series is 24673 & 24757 respectively
(These are the actionable levels to watch out where we can initiate fresh trades based on getting further confirmation from the OrderFlow)
Up |
|---|
24463 - Ext Handle (08 Aug) 24519 - VWAP (08 Aug) 24568 - Ext Handle (08 Aug) 24612 - A TPO VWAP (08 Aug) 24668 - Weekly VWAP 24695 - AVWAP (31 Jul) |
Down |
|---|
24440 - HVN (08 Aug) 24409 - Swing low (07 Aug) 24352 - Weekly 1.5 IB 24308 - 1 ATR (yVWAP 24519) 24252 - 1 ATR (24463) 24198 - 1 ATR (24409) |
BankNifty Aug F: 55166 [ 55499 / 55070 ] Normal Variation (Down)
Open Type |
|---|
OAIR (Open Auction) |
Volumes of 2,217 contracts |
Below Average
Initial Balance |
|---|
55799 - 55411 (388 points) |
Volumes of 7,081 contracts |
Above Average
Day Type |
|---|
55799 - 55070 (730 points) Normal Variation |
Volumes of 29,086 contracts |
Above Average
BNF also did not give a follow through to the NeuX close and made an OH (Open=High) start at 55799 just below yPOC of 55803 which meant the buyers who caused the NeuX profile had all booked out at the series POC of 55825 empowering the sellers to come back which they did in a strong manner forming an OTF (One Time Frame) probe down for most part of the day easily taking out the NeuX VWAP of 55482 and even went on to make new lows for the series at 55070 as it closed in a spike. Spike Rules will be in play for the next open with 55070 to 55250 being the zone to watch.
Click here to view the latest profile in BNF on Vtrender Charts
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Largest volume (POC) was traded at 55359 F and VWAP of the session was at 55369
Value zones (volume profile) are at 55251-55359-55556
BNF confirmed a FA at 56249 on 01/08 and completed the 2 ATR objective of 55278 on 07/08
HVNs are at 55825 (** denotes series POC)
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(04-08 Aug) - BNF was in the process of forming a Trend Down profile on the weekly as it remained below previous Value and made lower highs and lows on the first 4 days of the week but saw some profit booking after it hit 55151 triggering a sharp & quick bounce to 55841 where aggressive supply came back strongly to push it back lower on the last day of the week as it hit new lows of 55070 into the close leaving a slightly balance weekly profile with completely lower Value at 55436-55825-55891 and the important supply side VWAP at 55551
Weekly Charts can be viewed here
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The settlement day Roll Over point (Aug 2025) is 56170
The VWAP & POC of Jul 2025 Series is 56751 & 57013 respectively
The VWAP & POC of Jun 2025 Series is 56200 & 56608 respectively
The VWAP & POC of May 2025 Series is 55019 & 55320 respectively
(These are the actionable levels to watch out where we can initiate fresh trades based on getting further confirmation from the OrderFlow)
Up |
|---|
55166 - Prev Close 55250 - Ext Handle (08 Aug) 55369 - VWAP (08 Aug) 55474 - PBH (08 Aug) 55625 - A TPO VWAP (08 Aug) 55771 - AVWAP (31 Jul) |
Down |
|---|
55151 - Buy tail (Aug) 55070 - PDL 54961 - Monthly 1.5 IB 54831 - 1 ATR (yVWAP 55369) 54712 - 1 ATR (55250) 54574 - 1 ATR (HVN 55112) |
You can check the monthly charts & other swing levels for both Nifty & BankNifty here & for the weekly charts & analysis, please click here.
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