Nifty Mar F: 17452 [ 17489 / 17367 ]
NF not only opened with a big gap down of 155 points but also made an OH (Open=High) start at 17489 as it continued to probe lower in the A period tagging the weekly VPOC of 17448 & the 02nd Mar daily one of 17400 while making a low of 17367 as it stalled the the 28th Feb HVN of 17368.
The imbalance then made way for a balance for the rest of the day as the auction got back above the earlier 4-day HVN of 17400 and remained in a narrow range forming a Normal Day & a Gaussian Curve with a close right at the prominent POC of 17454.
Click here to view the latest profile in NF on Vtrender Charts 
- The NF Open was an Open Auction Out of Range (OAOR)
- The Day Type was a Normal Day (Gaussian Curve)
- Largest volume was traded at 17454 F
- Vwap of the session was at 17437 with volumes of 90.2 L and range of 123 points as it made a High-Low of 17490-17367
- The settlement day Roll Over point (Mar 2023) is 17635
- The VWAP & POC of Feb 2023 Series is 17717 & 17839 respectively.
- The VWAP & POC of Jan 2023 Series is 17923 & 18132 respectively.
- The VWAP & POC of Dec 2022 Series is 18337 & 18584 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 17418-17454-17462
HVNs – 17454** / 17690
(** indicates series POC)
Business Areas for 13th Mar 2023:
Up
17454 – Series POC (Mar 2023)
17490 – Weekly IBH
17539 – Weekly Singles
17594 – Extension Handle (03 Mar)
17640 – VPOC from 09 Mar
17680 – Extension Handle (09 Mar)
Down
17448 – Closing HVN (10 Mar)
17406 – PBL from 10 Mar
17367 – Weekly IBL
17304 – HVN from 17 Oct
17260 – Monthly VPOC
17223 – Extension Handle (17 Oct)
(These are the actionable levels to watch out where we can initiate fresh trades based on getting further confirmation from the OrderFlow )
BankNifty Mar F: 40614 [ 41050 / 40462 ] 
BNF gave a rare follow through to the NeuX close with a huge gap down open of 464 points as it negated the Initiative Buying tail from 03rd Mar and went on to tag the 2 ATR objective of 40732 from the FA of 41765 in the first 5 minutes itself.
The auction then went on to tag the 02nd Mar VPOC of 40657 and made a look down below the A period singles from 01st while making a low of 40511 in the A period after which it settled down into an OAOR remaining within a narrow range for the rest of the day after it made a PBH at 40777 in the C side forming a ‘b’ shape long liquidation profile even making marginal new lows of 40462 into the close tagging previous week’s VPOC of 40494.
Click here to view the latest profile in BNF on Vtrender Charts
- The BNF Open was an Open Auction Out of Range (OAOR)
- The Day Type was a Normal Day (‘b’ shape profile)
- Largest volume was traded at 40677 F
- Vwap of the session was at 40650 with volumes of 46.1 L and range of 588 points as it made a High-Low of 41050-40462
- BNF confirmed a FA at 41765 on 09/03 & completed the 2 ATR objective on the downside of 40732 on 10/03.
- The settlement day Roll Over point (Mar 2023) is 40365
- The VWAP & POC of Feb 2023 Series is 40880 & 41462 respectively.
- The VWAP & POC of Jan 2023 Series is 41965 & 42320 respectively.
- The VWAP & POC of Dec 2022 Series is 43030 & 43128 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 40565-40677-40720
HVNs – 40365 / 40494 / 40677** (** indicates series POC)
Business Areas for 13th Mar 2023: Up
40650 – Closing PBH (10 Mar) 40777 – Selling Tail (10 Mar) 40913 – IB singles mid (10 Mar) 41050 – Weekly IBH 41177 – Gap mid point (10 Mar) 41248 – 1 ATR from 41765
Down
40572 – HVN from 10 Mar
40475 – 4 day comp VAH (22-27 Feb)
40360 – 4 day comp POC
40225 – 1.5 Weekly IB
40093 – Buying Tail (27 Feb)
39975 – Buying Tail (23 Feb)
(These are the actionable levels to watch out where we can initiate fresh trades based on getting further confirmation from the OrderFlow )
For more tradeable ideas and intraday trading strategies based on MarketProfile and the OrderFlow live charts with OrderFlow analysis Live, subscribe to the trading room. The Vtrender Trading Room hosts India’s largest MarketProfile community live every trading session from 9.15 am to 3.30 pm.
If not a Trading Room member you can get immediate access at – https://www.explara.com/e/vtrendertradingroomlive
