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Nifty May F: 24652 [ 24792 / 24515 ]
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Open Type |
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OD (Open Drive) |
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Volumes of 16,717 contracts |
Above Average
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Initial Balance |
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24792 - 24581 (211 points) |
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Volumes of 37,625 contracts |
Above Average
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Day Type |
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24792 - 24515 (278 points) Normal Variation |
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Volumes of 1,13,872 contracts |
Average
Click here to view the latest profile in NF on Vtrender Charts
Largest volume (POC) was traded at 24645 F and VWAP of the session was at 24624
Value zones (volume profile) are at 24589-24645-24665
NF confirmed a FA at 25117 on 19/05 and completed the 1 ATR objective of 24800 on 20/05. The 2 ATR target comes to 24483
HVNs are at 24453 (** denotes series POC)
Weekly Charts can be viewed here
(09-16 May) - The weekly profile is an elongated 1161 point range DD (Double Distribution) Trend Up one with completely higher value at 24588-24689-25072 and the DD zone being from 24572 to 24215 with the VWAP at 24662 which will be the Swing reference on the higher timeframe for more upside in the coming week
(02-08 May) - NF has formed a nice Gaussian Curve on the weekly with overlapping to slightly higher Value at 24384-24463-24569 but has given a close away from this value suggesting that the auction has now turned into an imbalance mode which can be expected to continue in the coming week towards the lower VPOC of 23952 & VWAP of 23538 from the week 11th to 17th Apr
(25-30 Apr) - The weekly profile is a Normal Variation one to the upside which tested previous week's buying tail but took support just above a prior VPOC of 23952 while making a low of 23975 and went on to swipe through previous week's range making new highs of 24718 but left a selling tail. Value was also completely overlapping at 24195-24458-24488 with the VWAP being at 24324
(21-24 Apr) - NF has formed a composite 'p' shape profile on the weekly with completely higher Value at 24279-24315-24289 with a buying tail from 24090 to 23980 which will be the support zone as the new series develops
The settlement day Roll Over point (May 2025) is 24378
The VWAP & POC of Apr 2025 Series is 23417 & 24334 respectively
The VWAP & POC of Mar 2025 Series is 22991 & 22491 respectively
The VWAP & POC of Feb 2025 Series is 22982 & 22900 respectively
(These are the actionable levels to watch out where we can initiate fresh trades based on getting further confirmation from the OrderFlow)
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Up |
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to be updated... |
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Down |
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to be updated... |
BankNifty May F: 55068 [ 55120 / 54700 ]
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Open Type |
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OAIR (Open Auction) |
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Volumes of 4,544 contracts |
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Below Average |
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Initial Balance |
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55061 - 54850 (210 points) |
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Volumes of 8,731 contracts |
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Below Average |
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Day Type |
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55120- 54700 (420 points) Neutral Extreme |
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Volumes of 34,146 contracts |
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Below Average |
Click here to view the latest profile in BNF on Vtrender Charts
Largest volume (POC) was traded at 55057 F and VWAP of the session was at 54913
Value zones (volume profile) are at 54849-55057-55115
HVNs are at 55397** / 55194 / 54689 (** denotes series POC)
Weekly Charts can be viewed here
(12-16 May) - BNF has formed a relatively narrow range Normal profile on the weekly with overlapping to higher Value at 55042-55397-55524 and will need to sustain above VAH for a test of the selling tail from 55929 to 56194 in the coming week with this week's VWAP of 55193 being an important support for the rest of the series
The settlement day Roll Over point (May 2025) is 55348
The VWAP & POC of Apr 2025 Series is 52845 & 55353 respectively
The VWAP & POC of Mar 2025 Series is 49563 & 48335 respectively
The VWAP & POC of Feb 2025 Series is 49361 & 49290 respectively
(These are the actionable levels to watch out where we can initiate fresh trades based on getting further confirmation from the OrderFlow)
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Up |
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to be updated... |
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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.
