Skip to main content
  • 9284331270
  • support@vtrender.com
  • Log In
Vtrender
  • 9284331270
  • support@vtrender.com
  • Log In
  • Home
  • Features
  • Forum
  • Pricing
  • The Vtrender Trading Room Mentorship Program
  • Training Library
  • About Us
  • Market Profile Charts
  • MarketProfile Ecourse
  • Home
  • Features
  • Forum
  • Pricing
  • The Vtrender Trading Room Mentorship Program
  • Training Library
  • About Us
  • Market Profile Charts
  • MarketProfile Ecourse

Market Profile Analysis dated 13th November

November 13, 2019November 13, 2019 admin 1 Blog
Bnf Compo1 8 Market Profile Analysis Dated 13Th November Banknifty Futures, Charts, Day Trading, Intraday Trading, Intraday Trading Strategies, Market Profile, Market Profile Trading Strategies, Nifty Futures, Order Flow Analysis, Support And Resistance, Technical Analysis, Trading Strategies, Volume Profile Trading

Nifty Nov F: 11863 [ 11957/ 11846 ]

HVNs – 11667 / 11814 / 11860 / 11905 / 11980 / 12003

NF opened below the Neutral Extreme low of 11932 but took support just above the yPOC of 11904 as it made a low of 11908 in the opening minutes and probed higher entering into the Neutral Extreme zone of 11932 to 11968 but could only make a high of 11957 in the ‘A’ period after which the auction made an inside bar in the ‘B’ period confirming a selling tail from 11943 to 11968 in the IB (Initial Balance). NF then stayed in the ‘A’ period range till the ‘H’ period after leaving poor lows at 11908 in the ‘D’ period but could not get into the morning tail which meant that the PLR (Path of Least Resistance) is to the downside. The auction then finally made a RE (Range Extension) to the downside in the ‘I’ period as it made a low of 11897 but saw some responsive buying coming in as it got back into the IB and probed upto VWAP where it was rejected and this triggered a fresh RE to the downside as NF left an extension handle at 11897 and went on to make new lows for the week as it completed the 2 IB move lower at 11859 making a low of 11846 in the ‘L’ period before closing the day at the dPOC & HVN of 11860. Spike Rules will be in play for the next session with the spike reference at 11846 to 11876.

(Click here to view the 2-day Gaussian profile in NF forming lower Value and leaving a VPOC at 12004)

Nf Compo1 8 Market Profile Analysis Dated 13Th November Banknifty Futures, Charts, Day Trading, Intraday Trading, Intraday Trading Strategies, Market Profile, Market Profile Trading Strategies, Nifty Futures, Order Flow Analysis, Support And Resistance, Technical Analysis, Trading Strategies, Volume Profile Trading

  • The NF Open was an Open Auction In Range (OAIR)
  • The day type was a Normal Variation Day (Down) – with a spike close
  • Largest volume was traded at 11860 F
  • Vwap of the session was at 11914 with volumes of 85.4 L and range of 110 points as it made a High-Low of 11957-11846
  • NF confirmed a multi-day FA at 11465 on 16/10 and completed the 2 ATR move up of 11776. This FA has not been tagged since & hence is now positional support
  • NF confirmed a FA at 11503 on 17/10 and completed the 2 ATR move up of 11808. This FA has not been tagged since & hence is now positional support
  • NF confirmed a FA at 11162 on 09/10 and completed the 2 ATR move up of 11554.  This FA has not been tagged since & hence is now positional support
  • The Trend Day VWAP of 29/10 at 11810 will be important reference on the downside.
  • The settlement day Roll Over point (Nov) is 11970
  • The VWAP & POC of Oct Series is 11461 & 11365 respectively.
  • The VWAP & POC of Sep Series is 11127 & 10960 respectively.
  • The VWAP & POC of Aug Series is 10966 & 10984 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 11849-11860-11924

Hypos / Estimates for the next session:

a) NF needs to sustain above 11865 for a move to 11889-897 / 11915 & 11928-934
b) Staying below 11850, the auction could fall to 11832-829 / 11810-795 & 11771-767
c) Above 11934, NF can probe higher to 11953-960 / 11980 * 11998-12003
d) Below 11767, auction becomes weak for 11749-734 / 11716-709 & 11689
e) If 12003 is taken out, the auction go up to to 12027-50 / 12064-80 & 12112
f) Break of 11689 can trigger a move lower to *11667* / 11645-622 & 11604-597


BankNifty Nov F: 30585 [ 31167 / 30538]

HVNs – 30075 / 30150 / 30288 / 30410 / (30530) / 30600 / 30900 / (31150)

Bnf Compo1 8 Market Profile Analysis Dated 13Th November Banknifty Futures, Charts, Day Trading, Intraday Trading, Intraday Trading Strategies, Market Profile, Market Profile Trading Strategies, Nifty Futures, Order Flow Analysis, Support And Resistance, Technical Analysis, Trading Strategies, Volume Profile Trading

BNF opened in the previous day’s spike zone of 30968 to 31223 and attempted a probe higher but got rejected at 31167 after which it went on to break below the spike lows confirming an excess on the daily time frame from 31072 to 31223 which triggered an OTF (One Time Frame) move to the downside till the ‘F’ period as the auction made lows of 30780 completing the 1.5 IB move down. BNF then gave a small retracement to the upside but was not able to get above VWAP and was meeting supply just below the spike lows of 30968 as it left a PBH (Pull Back High) of 30955 in the ‘G’ period after which it resumed the probe down making a fresh RE to the downside in the ‘K’ period as it left an extension handle at 30780 and went on to close in a spike down of 30710 to 30538 to negate the entire rise of Monday and looks set to test the composite VPOC of 30291 (chart link given below) till it does not take out that extension handle of 30780 in the coming session(s)

(Click here to view the 4-day composite in BNF which closed below the VAL)

  • The BNF Open was an Open Auction In Range (OAIR)
  • The day type was a Normal Variation Day – Down (‘b’ profile with a spike)
  • Largest volume was traded at 30900 F
  • Vwap of the session was at 30889 with volumes of 40.9 L and range of 628 points as it made a High-Low of 31167-30538
  • BNF confirmed a fresh FA at 30052 on 06/11 and tagged the 2 ATR target of 31049 on 08/11. This FA is currently on ‘T+5’ Days.
  • BNF confirmed a FA at 27900 on 09/10 and completed the 2 ATR move up of 29779. This FA has not been tagged since & hence is now positional support
  • The Trend Day VWAP of 06/11 at 30447 will be important reference on the downside.
  • The Trend Day VWAP of 29/10 at 29945 will be important reference on the downside. This was tagged on 30/10 and broken but was swiftly rejected so proves to be support.
  • The old Trend Day VWAP of 08/07 at 30995  is no longer valid reference now as BNF closed below this on 13/11
  • The settlement day Roll Over point (Nov) is 30150
  • The VWAP & POC of Oct Series is 28784 & 28415 respectively.
  • The VWAP & POC of Sep Series is 28416 & 27160 respectively.
  • The VWAP & POC of August Series 27858 & 27960 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 30800-30900-31129

Hypos / Estimates for the next session:

a) BNF has immediate supply at 30600-624 above which it could rise to 30680 / 30736 & 30780-800
b) Staying below 30540-520, the auction gets weaker for 30473-445 / 30384 & 30310-*281*
c) Above 30800, BNF can probe higher to 30880-890 / 30935-965 & 31005
d) Below 30281, lower levels of 30225 / 30150-131 & 30072-50
e) If 31005 is taken out, BNF can give a fresh move up to 31155-160 / 31200-255 & 31310-326
f) Break of 30050 could trigger a move down 29995-945 / 29899-870 & 29800-749

Additional Hypos

g) Above 31326, higher levels of 31373-395 / 31417-440 & 31490 could get tagged
h) If 29749 is broken, BNF could fall to 29695 / 29635-628 & 29570-537

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://in.explara.com/e/vtrender–trading–room/checkout

BankNifty Futures charts day trading intraday trading intraday trading strategies market profile Market Profile Trading Strategies Nifty Futures order flow analysis support and resistance technical analysis Trading strategies volume profile trading

Post navigation

Order Flow charts dated 13th Nov
Order Flow charts dated 14th Nov (5 mins)

Most Read Post

  • Mastering Volume Profile Trading: Understanding HVNs and LVNs in the NSE FnO
  • A look at Market Structure ahead of the new October series
  • Testimonials
  • Make TIME your friend in the markets
  • 3 new videos in the Training Library
  • StressFree trading with #Orderflow
  • Training Library refurbished with new strategies
  • Give a man a fish…
  • The 4 stages of a Trader’s Life. Which one are you in?
  • What is exactly the Orderflow?
  • Data drives everything
  • Volume Spikes – How to exploit them
  • Market Profile The evolution
  • Random Musings on Market Profile
  • Order Flow Analysis – Strategies used to trade
  • How a Market Profile chart gives an edge to trade
  • Level 1- Market Profile Essentials
  • Market profile Trading strategies – Open Outside Ranges
  • Why I trust an OrderFlow chart…
  • Risk Management on Calls
  • OrderFlow Knowledge Base
  • Trading room charts explained
  • IB Extension Set Up- The C Side
  • Vix – Nifty Range Explained
  • Nifty Daily Stats ( IB Breakouts)
  • Nifty – MarketProfile trading strategies- The IB
  • Nifty daily stats ( 1 )
  • Spike Rules
  • Of Failed Auctions and revisits ( FA )
  • Steidlmayer Distribution
  • Market Profile-Day types

Archives

  • June 2023 (26)
  • May 2023 (121)
  • April 2023 (103)
  • March 2023 (110)
  • February 2023 (32)
  • January 2023 (33)
  • December 2022 (35)
  • November 2022 (32)
  • October 2022 (36)
  • September 2022 (41)
  • August 2022 (38)
  • July 2022 (40)
  • June 2022 (41)
  • May 2022 (39)
  • April 2022 (32)
  • March 2022 (34)
  • February 2022 (32)
  • January 2022 (36)
  • December 2021 (38)
  • November 2021 (31)
  • October 2021 (32)
  • September 2021 (35)
  • August 2021 (31)
  • July 2021 (37)
  • June 2021 (35)
  • May 2021 (79)
  • April 2021 (111)
  • March 2021 (55)
  • February 2021 (51)
  • January 2021 (54)
  • December 2020 (55)
  • November 2020 (52)
  • October 2020 (57)
  • September 2020 (77)
  • August 2020 (117)
  • July 2020 (95)
  • June 2020 (117)
  • May 2020 (104)
  • April 2020 (94)
  • March 2020 (111)
  • February 2020 (102)
  • January 2020 (116)
  • December 2019 (67)
  • November 2019 (64)
  • October 2019 (60)
  • September 2019 (69)
  • August 2019 (65)
  • July 2019 (73)
  • June 2019 (64)
  • May 2019 (83)
  • April 2019 (80)
  • March 2019 (83)
  • February 2019 (84)
  • January 2019 (95)
  • December 2018 (78)
  • November 2018 (75)
  • October 2018 (85)
  • September 2018 (65)
  • August 2018 (65)
  • July 2018 (76)
  • June 2018 (87)
  • May 2018 (85)
  • April 2018 (72)
  • January 2018 (4)
  • March 2016 (33)
  • February 2016 (90)
  • January 2016 (92)
  • December 2015 (50)
  • November 2015 (75)
  • October 2015 (87)
  • September 2015 (88)
  • August 2015 (89)
  • July 2015 (91)
  • June 2015 (83)
  • May 2015 (49)
  • April 2015 (42)
  • March 2015 (47)
  • February 2015 (41)
  • January 2015 (42)
  • December 2014 (44)
  • November 2014 (35)
  • October 2014 (35)
  • September 2014 (47)
  • August 2014 (31)
  • July 2014 (36)
  • June 2014 (23)
  • May 2014 (21)
  • April 2014 (21)
  • March 2014 (43)
  • February 2014 (40)
  • January 2014 (14)
  • December 2013 (1)
  • November 2013 (8)
  • October 2013 (8)
  • September 2013 (10)
  • August 2013 (11)
  • July 2013 (4)
  • June 2013 (4)
  • May 2013 (22)
  • April 2013 (30)
  • March 2013 (15)
  • February 2013 (20)
  • January 2013 (20)
  • December 2012 (13)
  • November 2012 (13)
  • October 2012 (33)
  • September 2012 (16)
  • August 2012 (11)
  • July 2012 (35)
  • June 2012 (56)
  • May 2012 (57)
  • April 2012 (34)
  • March 2012 (42)
  • February 2012 (27)
  • January 2012 (24)
  • December 2011 (36)
  • November 2011 (50)
  • October 2011 (34)
  • September 2011 (45)
  • August 2011 (60)
  • July 2011 (60)
  • June 2011 (47)
  • May 2011 (56)
  • April 2011 (47)
  • March 2011 (61)
  • February 2011 (62)
  • January 2011 (77)
  • December 2010 (37)
  • November 2010 (68)
  • October 2010 (75)
  • September 2010 (56)
  • August 2010 (44)
  • July 2010 (32)
  • June 2010 (32)
  • May 2010 (45)
  • April 2010 (14)
  • March 2010 (22)
  • February 2010 (12)
  • January 2010 (12)

About Us

The Vtrender Trading room specializes in Nifty and Bank Nifty future. We have charts Of Market Profile and Order Flow Charts + Live analysis + Live commentary + live trades.

We apply he concepts of Market Profile and the Order Flow to the NO and the Bank Nifty.

Explore

  • About Us
  • Forum
  • Pricing
  • The Vtrender Trading Room Mentorship Program
  • Features
  • Training Library

Forum

  • Market Profile Analysis dated 06th June 2023 June 6, 2023
  • Participantwise net Open Interest and net equity investments – 6th JUN 2023 June 6, 2023

Address

  • 9511921975
  • support@vtrender.com

Copyright @ 2009 - 2021 Vtrender Inc. All Rights Reserved.

whatsapp whatsapp