Nifty Nov F: 18451 [ 18493 / 18387 ]
NF made a look up above PDH making new highs for the series at 18474 but could not get fresh demand triggering a probe back to previous day’s NeuX VWAP of 18406 as it made similar lows of 18406 & 18403 in the IB & remained inside a narrow range inspite of making multiple REs to the upside displaying poor trade facilitation as it recorded new highs of 18493.
The auction then probed lower in search of demand and went on to make a RE to the downside in the K period where it made new lows for the day at 18387 and found aggressive responsive buying coming back giving it a push back to close around the dPOC of 18447 leaving a Neutral Centre Day with completely inside Value.
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 Neutral Centre Day (NeuC)
- Largest volume was traded at 18447 F
- Vwap of the session was at 18442 with volumes of 73.2 L and range of 106 points as it made a High-Low of 18493-18387
- The settlement day Roll Over point (Nov 2022) is 17800
- The VWAP & POC of Oct 2022 Series is 17350 & 17260 respectively.
- The VWAP & POC of Sep 2022 Series is 17500 & 17643 respectively.
- The VWAP & POC of Aug 2022 Series is 17530 & 17530 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 18422-18447-18473
HVNs – 17745 / 18133 / 18193** / 18372
(** indicates series POC)
BankNifty Nov F: 42579 [ 42666 / 42421 ]
BNF got accepted in the NeuX zone as it formed another narrow IB range of just 143 points from 42421 to 42563 and made mini RE’s to the upside making similar highs of 42662 & 42666 in the I & J periods indicating exhaustion to the upside.
The auction then made a probe lower down taking support at previous day’s spike low of 42487 as it left a PBL at 42480 in the K TPO before closing right at the dPOC of 42580 leaving a kind of ‘p’ shape profile with completely higher Value.
Click here to view the latest profile in BNF on MPLite
- The BNF Open was an Open Auction In Range (OAIR)
- The Day type was a Normal Variation Day – Up (NV)
- Largest volume was traded at 42580 F
- Vwap of the session was at 42545 with volumes of 29.8 L and range of 245 points as it made a High-Low of 42666-42421
- BNF confirmed a FA at 42053 on 11/11 and tagged 1 ATR objective of 42474 on 15/11. The 2 ATR target comes to 42894
- BNF confirmed a FA at 42100 on 14/11 and tagged 1 ATR objective of 42527 on 15/11. The 2 ATR target comes to 42954
- BNF confirmed a FA at 42226 on 15/11 and tagged 1 ATR objective of 42643 on 16/11. The 2 ATR target comes to 43060
- The VWAP & POC of Oct 2022 Series is 39750 & 38950 respectively.
- The VWAP & POC of Sep 2022 Series is 39910 & 40770 respectively.
- The VWAP & POC of Aug 2022 Series is 38530 & 38320 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 42501-42580-42617
HVNs – 41452** / 42294
(** indicates series POC)
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