Love Vtrender Charts? Check out our new offer!
Nifty Aug F: 24684 [ 24750 / 24657 ] Normal
Open Type |
|---|
OAIR (Open Auction) |
Volumes of 4,762 contracts |
Below Average
Initial Balance |
|---|
24750 - 24681 (70 points) |
Volumes of 19,170 contracts |
Below Average
Day Type |
|---|
24750 - 24657 (94 points) Normal |
Volumes of 50,699 contracts |
Below Average
NF formed a narrow range Double Inside Bar on the daily timeframe as it once again saw supply in the test of 24745-24750 zone but the sellers were not able to do much in terms of range extension as the downside stalled at previous value leaving a 3-day composite with Value at 24627-24687-24720 and a close around the prominent POC so can expect 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 24698 F and VWAP of the session was at 24702
Value zones (volume profile) are at 24680-24698-24716
HVNs are at 24632 / 24683** / 24959 (** denotes series POC)
Weekly Charts can be viewed here
(08-14 Aug) - NF has formed a Neutral Centre profile on the weekly with overlapping to lower Value at 24551-24698-24748 and will need to stay above 24698 and take out the supply zone at 24748 for a probe higher towards the weekly VPOCs of 24959 & 25188 whereas on the downside, this week's VWAP of 24614 will be an important support below which it could go for a test of the 3-day VPOC of 24517 & Swing low of 24409
(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 |
|---|
24687 - 3-day POC (12-14 Aug) 24737 - Sell Tail (14 Aug) 24793 - VPOC (04 Aug) 24822 - 1 ATR (24614) 24862 - VPOC (31 Jul) 24918 - 1 ATR (WFA 24409) |
Down |
|---|
24666 - Buy tail (14 Aug) 24625 - Buy Tail (13 Aug) 24589 - Ext Hande (12 Aug) 24547 - Buy tail (12 Aug) 24517 - 3-day VPOC (07-11 Aug) 24480 - PBL (11 Aug) |
BankNifty Aug F: 55503 [ 55624 / 55353 ] Normal
Open Type |
|---|
ORR (Open Rejection Reverse) |
Volumes of 1,496 contracts |
Poor
Initial Balance |
|---|
55588 - 55353 (130 points) |
Volumes of 5,678 contracts |
Below Average
Day Type |
|---|
55624 - 55353 (271 points) Normal |
Volumes of 19,496 contracts |
Below Average
BNF made a strong open after rejecting the probe below previous value as it went on to scale above the VPOC of 55563 in the B period but then made a typical C side extension to 55624 stalling in the selling singles from 12th Aug marking the end of the upside and settled down to form a 'p' shape profile completing a nice 4-day balance with Value at 55372-55437-55574 with all set for a move into a fresh imbalance if the volumes confirm in the next open.
Click here to view the latest profile in BNF on Vtrender Charts
Remove Accordion
Largest volume (POC) was traded at 55527 F and VWAP of the session was at 55511
Value zones (volume profile) are at 55465-55527-55571
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)
Remove Accordion
(11-14 Aug) - BNF has formed a 3-1-3 profile along with an Inside Week with overlapping to lower Value at 55372-55437-55574 and looks good for a move away from here provided one of the tails of this week is taken out by initiative activity
(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
Remove Accordion
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 |
|---|
55527 - POC (14 Aug) 55676 - AVWAP (31 Jul) 55803 - VPOC (07 Aug) 55922 - Sell Tail (04 Aug) 56008 - VPOC (01 Aug) 56098 - Sell Tail mid (Aug) |
Down |
|---|
55485 - 14 Aug Halfback 55372 - 4-day VAL (11-14 Aug) 55285 - Buy tail (13 Aug) 55189 - Buy Tail (11 Aug) 55070 - Swing Low (08 Aug) 54961 - Monthly 1.5 IB |
You can check the monthly charts & other swing levels for both Nifty & BankNifty here & for the weekly charts & analysis, please click here.
Markets don't move because indicators change.
Indicators change because markets move.
A practical reference for NSE & BSE derivatives traders. 366 pages, built to sit open beside live charts.