Nifty Nov F: 18133 [ 18160 / 17921 ]
NF opened with a freak tick of 17737 but remained steady above 17955 in the IB (Initial Balance) as it made a high of 18018 but could not extend further to the upside and probed lower in search of fresh demand as it made lower lows in the C & D periods but took support just above the weekly POC of 17916 and trended higher post the G period as it left 3 extension handles at 18018, 18050 & 18097 to record new highs for the week at 18160 forming a Neutral Extreme Up Day with a HVN building at 18134 which will be the immediate reference on the upside for the coming session whereas on the downside, the 3 extension handles will be the levels to watch.
Click here to view the latest profile in NF on MPLite
- The NF Open was a Open Auction (OA)
- The Day type was a Neutral Extreme Day – Up (NeuX)
- Largest volume was traded at 17973 F
- Vwap of the session was at 18043 with volumes of 79.8 L and range of 240 points as it made a High-Low of 18160-17921
- The settlement day Roll Over point (November) is 17901
- The VWAP & POC of Oct Series is 18036 & 18155 respectively.
- The VWAP & POC of Sep Series is 17519 & 17365 respectively.
- The VWAP & POC of Aug Series is 16455 & 16255 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 17921-17973-18098
HVNs – 17820 / 17911 / 18354
Business Areas for 15th Nov:
Up
18155 – Selling Singles plus Oct Monthly POC
18204 – Weekly VPOC
18234 – Selling tail top from 28th Oct
18283 – Extension Handle from 27th Oct
18355 – VPOC from 27th Oct
18389 – Daily Swing High from 26th Oct
Down
18129 – NeuX zone low from 12th Nov
18097 – Extension Handle from 12th Nov
18043 – NeuX VWAP from 12th Nov
18018 – Primary Extension Handle from 12th Nov
17973 – dPOC from 12th Nov
17931 – Buying Singles from 12th Nov
17881 – VWAP from 11th Nov
(These are the actionable levels to watch out where we can initiate fresh trades based on getting further confirmation from the OrderFlow )
BankNifty Nov F: 38871 [ 38949 / 38555 ]
BNF also opened with a freak low of 38171 but stayed above the previous day’s responsive buying tail of 38520 to 38443 as it formed a Neutral Centre Day forming inside Value and giving a nice 2-day composite 3-1-3 profile with Value at 38683-38848-38919 with the selling tail from 38941 to 39044 and will need to give a strong open on initiative volumes to start a move away from here.
Click here to view the latest profile in BNF on MPLite
- The BNF Open was a Open Auction In Range(OAIR)
- The Day type was a Neutral Centre Day (NeuC)
- Largest volume was traded at 38854 F
- Vwap of the session was at 38781 with volumes of 36.6 L and range of 394 points as it made a High-Low of 38949-38555
- The settlement day Roll Over point (November) is 39650
- The VWAP & POC of Oct Series is 39368 & 41157 respectively.
- The VWAP & POC of Sep Series is 37210 & 36633 respectively.
- The VWAP & POC of Aug Series is 35715 & 35616 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 38722-38854-38909
HVNs – 39531 / 39757 / 40080 / 40750
Business Areas for 15th Nov:
Up
38941 – Selling singles of 2-day composite
39026 – Mid-point of selling tail
39135 – VPOC from 10th Nov
39254 – PWL (Previous Week Low)
39441 – Mid-point of Gap Down of 10th Nov
39555 – 2-day composite VPOC (8th & 9th Nov)
39651 – 2-day composite VAH
Down
38854 – dPOC from 12th Nov
38720 – Weekly POC
38606 – Monthly IBL
38520 – Buying singles of 2-day composite
38443 – PWL (Previous Week Low)
38300 – Extension Handle from 11th Oct
38128 – Mid-point of buying tail from 11th Oct
(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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