Nifty Apr F: 18098 [ 18121 / 17798 ]
NF continued the Trend Day imbalance of previous session with a gap up open along with a Drive higher in the IB (Initial Balance) where it tagged 18112 leaving a very large range of 314 points and formed a balance for the rest of the day with a PBL first at 17923 in the H period after which it went on to make marignal new highs of 18121 in the L TPO before closing the day right at the dPOC of 18096 leaving a ‘p’ shape profile with completely higher value.
Click here to view the latest profile in NF on MPLite
- The NF Open was a Open Auction Out of Range plus Drive Up (OAOR + D)
- The Day type was a Normal Day (‘p’ shape profile)
- Largest volume was traded at 18096 F
- Vwap of the session was at 18011 with volumes of 123.3 L and range of 323 points as it made a High-Low of 18121-17798
- The settlement day Roll Over point (April 2022) is 17546
- The VWAP & POC of Mar 2022 Series is 16753 & 17255 respectively.
- The VWAP & POC of Feb 2022 Series is 17183 & 17409 respectively.
- The VWAP & POC of Jan 2022 Series is 17669 & 17703 respectively.
You can check the monthly charts & other swing levels for Nifty & NF here & for the weekly charts & analysis, please click here.
Daily Zones:
- Value zones (volume profile) are at 17980-18096-18119
HVN – 17573** / 18096
(** indicates series POC)
Business Areas for 05th Apr 2022:
Up
18112 – Weekly IBH
18168 – Spike Mid-point (18th Jan)
18201 – Extension Handle (18th Jan)
18274 – VPOC from 18th Jan
18333 – PBH from 18th Jan
18364 – 2022 High
18426 – Weekly 2 IB target
18463 – PWR objective
Down
18096 – dPOC from 04th Apr
18030 – HVN from 04th Apr
17980 – dVAL from 04th Apr
17923 – PBL from 04th Apr
17860 – Intra-day singles mid-point
17818 – Gap mid-point
17765 – Freak Low (04th Apr)
17717 – Selling singles (01st Apr)
(These are the actionable levels to watch out where we can initiate fresh trades based on getting further confirmation from the OrderFlow )
BankNifty Apr F: 38650 [ 38744 / 37565 ]
BNF continued the Beast Mode from last Friday as it not only opened higher by 650+ points but went on to rise by a further 890 points in the IB as it made a high of 38744 forming a huge 1179 point range in the first hour after which the imbalance gave way to a balance being formed for the rest of the day with the auction forming a ‘p’ shape Normal profile with a PBL at 38135 and a HVN at 38440 before shifting the dPOC higher to 38640 into the close.
Click here to view the latest profile in BNF on MPLite
- The BNF Open was a Open Auction Out of Range plus Drive Up (OAOR + D)
- The Day type was a Normal Day (‘p’ shape profile)
- Largest volume was traded at 38640 F
- Vwap of the session was at 38347 with volumes of 74.4 L and range of 1179 points as it made a High-Low of 38744-37565
- The settlement day Roll Over point (Aril 2022) is 36550
- The VWAP & POC of Mar 2022 Series is 34992 & 35648 respectively.
- The VWAP & POC of Feb 2022 Series is 37712 & 37712 respectively.
- The VWAP & POC of Jan 2022 Series is 37772 & 38232 respectively.
For the Monthly charts & other swing levels for BankNifty & BNF click here & for the weekly charts & analysis, please click here.
Daily Zones:
- Value zones (volume profile) are at 38268-38640-38726
HVN – 36799** / 37170 / 38640
(** indicates series POC)
Business Areas for 05th Apr 2022:
Up
38718 – Selling singles (04th Apr)
38900 – VPOC from 11th Feb
39120 – FA from 11th Feb
39210 – Gap mid-point (11th Feb)
39376 – VWAP from 10th Feb
39527 – Selling singles (10th Feb)
39660 – Poor highs from 04th Feb
39830 – FA from 03rd Feb
Down
38640 – dPOC from 04th Apr
38440 – HVN from 04th Apr
38182 – PBL from 04th Apr
37988 – 1 ATR from 38640
37850 – Singles mid-point
37668 – Gap mid-point
37565 – Weekly IBL
37450 – dPOC from 22nd Feb
(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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