Nifty Feb F: 17806 [ 17867 / 17744 ]
NF made a lower open right in the mid-profile singles from last Friday’s Neutral Extreme set up and filled up the low volume zone as it remained in a narrow 123 point range forming an inside bar both in terms of range & value and a Normal Day with a close around the prominent POC of 17804 while confirming a selling tail from 17843 to 17902 which will be the upside zone to watch in the coming session.
Click here to view the latest profile in NF on MPLite
- The NF Open was an Open Auction In Range (OAIR)
- The Day type was a Normal Day (Inside Bar – Gaussian Curve)
- Largest volume was traded at 17804 F
- Vwap of the session was at 17801 with volumes of 72 L and range of 123 points as it made a High-Low of 17867-17744
- The settlement day Roll Over point (Feb 2023) is 17985
- The VWAP & POC of Jan 2023 Series is 17923 & 18132 respectively.
- The VWAP & POC of Dec 2022 Series is 18337 & 18584 respectively.
- The VWAP & POC of Nov 2022 Series is 18295 & 18335 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 17771-17804-17823
HVNs – 17676** / 17738 / 18240
(** indicates series POC)
Business Areas for 07th Feb 2023:
Up
17835 – PBH from 06 Feb
17872 – Selling Tail mid (06 Feb)
17910 – VPOC from 03 Feb
17945 – 2nd SOC from 01 Feb
18008 – First SOC from 01 Feb
18063 – Poor High (01 Feb)
Down
17804 – dPOC from 06 Feb
17766 – PBL from 06 Feb
17724 – HVN from 03 Feb
17670 – LVN from 03 Feb
17620 – LVN from 02 Feb
17576 – Buying Tail (02 Feb)
(These are the actionable levels to watch out where we can initiate fresh trades based on getting further confirmation from the OrderFlow )
BankNifty Feb F: 41507 [ 41863/ 41405 ]
BNF gave a rare follow up to a NeuX profile as it made new highs for the week at 41863 at the close of the A period but stalled right below the Feb 2023 Series RO (Roll Over) point of 41864 and settled down into an OA (Open Auction) forming a ‘b’ shape profile for the day taking support around the extension handle of 41441 and forming higher Value in the Neux zone from 41444 to 41684 with a close around the dPOC of 41513.
Click here to view the latest profile in BNF on MPLite
- The BNF Open was an Open Auction (OA)
- The Day type was a Normal Day (‘b’ shape profile)
- Largest volume was traded at 41513 F
- Vwap of the session was at 41580 with volumes of 54.9 L and range of 458 points as it made a High-Low of 41863-41405
- The settlement day Roll Over point (Feb 2023) is 41864
- The VWAP & POC of Jan 2023 Series is 41965 & 42320 respectively.
- The VWAP & POC of Dec 2022 Series is 43030 & 43128 respectively.
- The VWAP & POC of Nov 2022 Series is 42150 & 42959 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 41460-41513-41636
HVNs – 40600 / 40726 / 41482** / 42115
(** indicates series POC)
Business Areas for 07th Feb 2023:
Up
41513 – dPOC from 06 Feb
41675 – PBH (06 Feb)
41800 – Selling Tail (06 Feb)
41965 – Jan 2023 series VWAP
42080 – Selling tail (01 Feb)
42255 – Extension Handle (25 Jan)
42336 – Mid-profile singles (25 Jan)
Down
41459 – PBL from 06 Feb
41309 – VPOC from 03 Feb
41148 – HVN from 03 Feb
41022 – SOC from 03 Feb
40883 – Buying Tail (03 feb)
40766 – Weekly IBL
40616 – VWAP from 02 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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