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Nifty Mar F: 22895 [ 22912 / 22672 ]
Open Type |
|---|
ORR (Open Rejection Reverse) |
Volumes of 15,513 contracts |
Above Average
Initial Balance |
|---|
228110 - 22672 (137 points) |
Volumes of 34,599 contracts |
Above Average
Day Type |
|---|
22912 - 22672 (240 points) Normal Variation |
Volumes of 89,671 contracts |
Above Average
NF opened higher and held above the Mar RO (RollOver) point of 22683 confirming that the buyers remained in control and continued to drive higher for the rest of the IB (Initial Balance) as it made a high of 22810 following it up with a hat-trick of small REs (Range Extension) from the C to E TPOs but displayed signs of exhaustion in the F where it made similar highs triggering a test of day's VWAP in the G where morning buyers returned to defend as seen in the PBL (Pull Back Low) left at 22764.
The auction then made a slow probe higher making new REs in the I & J testing the top of 24th Feb Selling Tail and made a small dip in the K period to 22831 where it left another PBL after which it got into a melt up mode into the close spiking higher to 22912 into the close. Spike Rules will be in play for next open as the closing imbalance looks to be continued towards the higher VPOCs of 22961, 23082 & 23135.
Click here to view the latest profile in NF on Vtrender Charts
Largest volume (POC) was traded at 22798 F and VWAP of the session was at 22799
Value zones (volume profile) are at 22728-22798-22864
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 |
|---|
22912 - Spike high (18 Mar) 22961 - VPOC (21 Feb) 23006 - Weekly 3 IB 23047 - Monthly 2 IB 23082 - VPOC (20 Feb) 23135 - VPOC (19 Feb) |
Down |
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22898 - M TPO low (18 Mar) 22843 - K TPO h/b (18 Mar) 22792 - 18 Mar Halfback 22738 - Ext Handle (Mar) 22683 - Mar RO point 22646 - 7-day VAH (06-17 Mar) |
BankNifty Mar F: 49422 [ 49481 / 48664 ]
Open Type |
|---|
ORR (Open Rejection Reverse) |
Volumes of 9,762 contracts |
Above Average
Initial Balance |
|---|
49050 - 48664 (386 points) |
Volumes of 23,420 contracts |
Above Average
Day Type |
|---|
49481 - 48664 (817 points) Normal Variation |
Volumes of 63,364 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 49463 F and VWAP of the session was at 49107
Value zones (volume profile) are at 49063-49463-49480
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 |
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to be updated... |
Down |
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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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