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Nifty Mar F: 22584 [ 22670 / 22502 ]
Open Type |
|---|
OD (Open Drive) |
Volumes of 16,248 contracts |
Above Average
Initial Balance |
|---|
22670 - 22502 (168 points) |
Volumes of 30,396 contracts |
Above Average
Day Type |
|---|
22670 - 22502 (168 points) Normal |
Volumes of 67,599 contracts |
Below Average
NF opened higher and continued the drive up in the A period after taking support at the NeuX VWAP of 22504 as it scaled above the FA of 22615 making a high of 22670 where it stalled at the AVWAP reference of 22657 as seen in the small selling tail indicating profit booking by the buyers.
The auction remained inside the IB (Initial Balance) range for the rest of the day forming a nice balance with a prominent POC at 22582 and has formed completely higher Value so the PLR for the coming session will be to the upside as long as it stays above it.
Click here to view the latest profile in NF on Vtrender Charts
Largest volume (POC) was traded at 22582 F and VWAP of the session was at 22581
Value zones (volume profile) are at 22532-22582-226007
NF confirmed a FA at 22615 on 13/03 and the 1 ATR objective comes to 22414. This FA got re-visited on 17/03 but NF could not close above it
HVNs are at 22276 / 22526** (** denotes series POC)
Weekly Charts can be viewed here
(07-13 Mar) - NF has formed a Normal Variation Down weekly profile with mostly higher Value at 22431-22527-22639 as the down move took support right at previous week's NeuX VWAP of 22361 where it left a small buying tail till 22380 and will be the support for the coming week if remains below this week's VAL with this week's VWAP of 22548 expected to get back sellers interested in case of a bounce
(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 |
|---|
22595 - M TPO high (17 Mar) 22645 - AVWAP (02 Jan) 22708 - 2-day VAH (07-10 Mar) 22750 - VPOC (24-25 Feb) 22805 - Sell Tail (24 Feb) 22855 - 24 Feb high |
Down |
|---|
22582 - POC (17 Mar) 22515 - AVWAP (11 Mar) 22477 - Gap mid (17 Mar) 22423 - SOC (12 Mar) 22361 - NeuX VWAP (28Feb-06Mar) 22311 - Buy Tail (05 Mar) |
BankNifty Mar F: 48485 [ 48589 / 48241 ]
Open Type |
|---|
OD (Open Drive) |
Volumes of 6,819 contracts |
Average
Initial Balance |
|---|
48545 - 48241 (304 points) |
Volumes of 14,925 contracts |
Below Average
Day Type |
|---|
48589 - 48241 (348 points) Normal ('p' shape) |
Volumes of 33,843 contracts |
to be updated...
to be upated...
Click here to view the latest profile in BNF on Vtrender Charts
Largest volume (POC) was traded at 48482 F and VWAP of the session was at 48468
Value zones (volume profile) are at 48438-48482-48532
HVNs are at 48484** / 48661 / 48787 (** denotes series POC)
Weekly Charts can be viewed here
(10-13 Mar) - BNF has formed a Double Distribution Down weekly profile with completely lower Value at 47952-48182-48361 with the extension handle at 48511 which along with the daily VPOC of 48588 will be the swing supply zone for the coming week which if taken out can give a tag of the higher weekly VPOC of 48787 whereas on the downside, 48110 will be the immediate support below which 11th Mar's VWAP of 47962 & buying tail from 47846 will be the important levels to watch out for
(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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