The auction of today was a balance and mostly in the P of yesterday’s Profile. The seller dominated the open and responsive Buying came at the base of the P of yesterday at the top of the stem. The upmove which followed saw some big sell-side volumes come near the close above 10515.
The day was a neutral day and a neutral extreme one.
Nifty Oct F:
Intraday and swing trading view for Nifty Futures below the chart. ( This chart is Live in the Vtrender Trading Room)
- The NF Open was an Open drive lower
- The day type was a Neutral day
- Largest volume was traded at 10448 F Friday
- Vwap of the session was at 10466 with volumes of 131.9 L in a session which traded a High-Low range of 10532-10405 for 127 points
- We got an FA at 10212 which was visited on day T+3 . However, the auction did not settle below 10212.
- The other FA at 10424 stands negated.
For the weekly and other swing levels of the Nifty go to – https://vtrender.com/support-and-resistance-levels-nifty-bank-nifty-futures/
( has monthly and weekly Profile charts updated to trade date 12/10)
Daily Zones:
- Value zones ( volume profile) are at 10486-10448-10411 for tomorrow
Hypos / Estimates for the next session :
a) Resistance firm at 10560
b) 10450 is immediate support
c) 10480-10450-10424-10388 are the zones to watch for OrderFlow behavior
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.
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BNF Oct F:
Intraday Trading strategies using OrderFlow analysis and MarketProfile done Live with a Live analysis in the Vtrender Trading Room
- The BNF Open was an Open drive
- The Day type was a Normal day
- Vwap of the day was at 25281 with Volumes of 38.9 L and a High – Low of 25446-25130 for a range of 314 points.
- Largest Volume was traded at 25205 F today
- FA seen at 24285 F yesterday on day T+5
For the weekly and other swing levels of the BankNifty go to – https://vtrender.com/support-and-resistance-levels-nifty-bank-nifty-futures/
The BN Monthly and BN weekly F charts are posted at the same link
Daily Zones:
- Value zones ( volume profile) are at 25320-25202-25160 for tomorrow
Hypos / Estimates for the next session :
a) The near support is at 25160
b) supply could come back at 25550 on any upper probes
d) zones to watch for OrderFlow are at 25550-25330-25220
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</strong