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Nifty Mar F: 22530 [ 22618 / 22380 ]
Open Type |
|---|
ORR (Open Rejection Reverse) |
Volumes of 10,597 contracts |
Above Average
Initial Balance |
|---|
22618 - 22461 (158 points) |
Volumes of 25,635 contracts |
Above Average
Day Type |
|---|
22618 - 22380 (239 points) Normal Variation |
Volumes of 78,1142 contracts |
Above Average
NF continued previous session's imbalance to the upside with a probe above 10th Mar's VWAP of 22605 but saw supply coming back strongly confirming an ORR start and an One Time Frame (OTF) probe lower till the F period testing all the demand points of previous session as it made a low of 22381 taking support in the initiative buying tail.
The auction then stopped the OTF making higher highs in the G TPO after which it made another attempt to extend lower but could only manage marginal new lows of 22380 indicating that the buyers were coming back triggering a probe higher for the rest of the day as it scaled above VWAP negating the strong open and went on to leave a PBH at 22549 before closing around the dPOC of 22525 leaving a nice 2-day balance with tails at both ends and has a good chance of a move away in the coming session.
Click here to view the latest profile in NF on Vtrender Charts
Largest volume (POC) was traded at 22525 F and VWAP of the session was at 22486
Value zones (volume profile) are at 22441-22525-22559
HVNs are at 22276 (** denotes series POC)
Weekly Charts can be viewed here
(28Feb - 06Mar) : NF has formed a Neutral Extreme profile on the weekly timeframe after the gap down and drive open it started with last Friday therefore forming completely lower Value at 22150-22276-22456 with the VWAP at 22361 which will be the important support for the new week
The settlement day Roll Over point (Mar 2025) is 22683
The VWAP & POC of Feb 2025 Series is 22982 & 22900 respectively
The VWAP & POC of Jan 2025 Series is 23342 & 23163 respectively
The VWAP & POC of Dec 2024 Series is 24193 & 24621 respectively
(These are the actionable levels to watch out where we can initiate fresh trades based on getting further confirmation from the OrderFlow)
Up |
|---|
22549 - PBH (12 Mar) 22592 - Sell Tail (11-12 Mar) 22657 - AVWAP (02 Jan) 22708 - 2-day VAH (07-10 Mar) 22750 - VPOC (24-25 Feb) 22805 - Sell Tail (24 Feb) |
Down |
|---|
22525 - POC (12 Mar) 22463 - J TPO h/b (12 Mar) 22423 - H TPO h/b (12 Mar) 22361 - NeuX VWAP (28Feb-06Mar) 22311 - Buy Tail (05 Mar) 22276 - Weekly POC (28Feb-06Mar) |
BankNifty Mar F: 48213 [ 48330 / 47939 ]
Open Type |
|---|
ORR (Open Rejection Reverse) |
Volumes of 4,757 contracts |
Below Average
Initial Balance |
|---|
48302 - 48005 (315 points) |
Volumes of 12,241 contracts |
Below Average
Day Type |
|---|
48330 - 47939 (398 points) Neutral Centre |
Volumes of 41,308 contracts |
to be updated...
Click here to view the latest profile in BNF on Vtrender Charts
Largest volume (POC) was traded at 48214 F and VWAP of the session was at 48163
Value zones (volume profile) are at 48101-48214-48275
HVNs are at 48407 / 48661** / 48787 (** denotes series POC)
Weekly Charts can be viewed here
(03 - 07 Mar)BNF has formed a Neutral Centre profile with a FA at lows of 48110 but the RE (Range Extension) resulted in a responsive selling tail from 48896 to 49100 and will be the supply zone to watch for in the coming week with Value for this week being mostly lower at 48430-48787-48825 with the VWAP at 48583 being a support level
The settlement day Roll Over point (Mar 2025) is 49000
The VWAP & POC of Feb 2025 Series is 49361 & 49290 respectively
The VWAP & POC of Jan 2025 Series is 49283 & 48728 respectively
The VWAP & POC of Dec 2024 Series is 52436 & 53355 respectively
(These are the actionable levels to watch out where we can initiate fresh trades based on getting further confirmation from the OrderFlow)
Up |
|---|
to be updated...) |
Down |
|---|
to be updated... |
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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