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 17th September 2020

September 17, 2020September 17, 2020 vtrender Blog

Nifty Sep F:  11522 [ 11578 / 11483 ]

NF made a gap down of 95 points rejecting the Neutral Extreme reference of 11603 to 11627 if had left the previous day and took support just above PDL (Previous Day Low) as it made a low of 11515 in the opening minute after which it probed higher and even made a C side extension as it hit 11578 but as often happens, the C-side again gave a ‘dhoka’ in the sense a false breakout. The auction then not only broke below VWAP in the ‘E’ period but went on to make a RE (Range Extension) lower in the ‘F’ period confriming a FA (Failed Auction) at highs as it tagged the VPOC of 11500 while making a low of 11483 where it faced swift rejection and left a small buying tail signalling the end of this leg down. NF then made a slow probe higher and got stalled at VWAP twice in the ‘H’ & ‘J’ periods before finally scaling above it in the ‘K’ period as it tested the morning SOC (Scene Of Crime) level of 11550 and in the process left a PBH of 11555 as it triggered another quick move testing the buying tail at lows while hitting 11495 where it once again found demand as the auction settled down for a close at the dPOC giving a Neutral Centre Day. NF has been forming a balance this week and the 4-day balance has Value at 11483-11527-11566 so can expect a move away from this POC in the coming session(s).

Click here to view the latest profile chart of NF on MPLite

  • The NF Open was a Open Auction In Range (OAIR)
  • The Day type was a Neutral Centre Day (NeuC)
  • Largest volume was traded at 11525 F
  • Vwap of the session was at 11530 with volumes of 106.7 L and range of 95 points as it made a High-Low of 11578-11483
  • NF confirmed a FA at 11578 on 17/09 and the 1 ATR target comes to 11433.
  • NF confirmed a FA at 11451 on 15/09 and completed the 1 ATR objective of 11596 on 16/09. The 2 ATR target comes to 11742.
  • NF confirmed a FA at 11202 on 02/09 and tagged the 2 ATR objective of 11470 on 11/09. This FA has not been tagged and is now a positional reference.
  • The settlement day Roll Over point (Sep) is 11607
  • The VWAP & POC of Aug Series is 11311 & 11311 respectively.
  • The VWAP & POC of Jul Series is 10897 & 10803 respectively.
  • The VWAP & POC of Jun Series is 10110 & 10110 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 11506-11525-11553

HVNs – 11400 / 11448 / 11485 / 11555 / 11664

Main Hypos for 18.09.2020:

a) NF needs to sustain above 11527 for a rise to 11543-571 / 11595-618 & 11645-665
b) The auction staying below 11520 could test 11497-485 / 11458-433 & 11415-385

Extended Hypos:
c) Above 11665, NF can probe higher to 11684-711 / 11726-750 & 11773*-788
d) If 11385 is taken out, NF could fall to 11355*-324 / 11294-270* & 11251


BankNifty Sep F:  22392 [ 22560 / 22300 ]

BNF opened with a big gap down of 331 points but took support at the composite POC of 22324 as it made a low of 22300 at open indicating that the auction could continue to remain in the 6-day Value as it formed a nice balanced profile for the day within a very narrow range of just 260 points and in the process making the composite even more smooth with Value at 22236-22399-22549 and has a strong chance of giving a move away from here in the next session or two.

Click here to view the 7-day composite of BNF on MP Lite

  • The BNF Open was a Open Auction In Range (OAIR)
  • The Day type was a Normal Variation Day – Up (Inside Day)
  • Largest volume was traded at 22400 F
  • Vwap of the session was at 22423 with volumes of 61.3 L and range of 260 points as it made a High-Low of 22560-22300
  • The settlement day Roll Over point (Sep) is 23576
  • The VWAP & POC of Aug Series is 22444 & 21595 respectively.
  • The VWAP & POC of Jul Series is 22163 & 22087 respectively.
  • The VWAP & POC of Jun Series is 20918 & 21000 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 22360-22400-22452

HVNs – 22294 / 22400 / 22995 / 23688 / 23800 / 24250

Main Hypos for 18.09.2020:

a)BNF needs to sustain above 22399 for a rise to 22460-510 / 22586-675 / 22735-795 / 22854-928 & 23000*
b) The auction staying below 22360 could test 22279-220* / 22125 / 22080-020 / 21984*-937 & 21860-780

Extended Hypos:

c) Above 23000, BNF can probe higher to 23075-150* / 23230-316 / 23385-440 & 23514-586
d) Breaking below 21780, it could fall to 21723-660 / 21600*-540 / 21499-312 & 21245-183

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

Related

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 17th September 2020
Order Flow charts dated 18th September 2020

Most Read Post

  • Nifty 50 Monthly and Annual returns (1991-2022) updated 30th DEC 2022
  • Example Video- Mentoring room support in market hours
  • What happened at 18165 F today
  • Mid Month report
  • Making sense Sept 2022
  • Making sense Aug 2022
  • A look at Market Structure ahead of the new October series
  • Launching- Overnights
  • Making sense- June July 2022
  • Testimonials
  • Making sense May 2022- Orderflow edition.
  • Making sense April 2022
  • Making sense Feb 22 and March 22
  • Making sense Jan 2022 edition
  • Of our working process through 2021 – with MarketProfile and Orderflow
  • Performance Of The Trading Room In Sept, Oct , Nov Series ( consolidated post)
  • Performance of the Trading Room in August series
  • Performance of the Trading Room in July Series
  • Make TIME your friend in the markets
  • 3 new videos in the Training Library
  • Performance of the Trading Room in the June 2021 series
  • The May 2021 series
  • StressFree trading with #Orderflow
  • We thought you should know April 2021 series
  • We thought you should know March 2021 Series
  • We thought you should know about Feb 2021
  • We thought you should know ! Jan 2021
  • Performance update of MarketProfile strategies used in the Vtrender Trading Room
  • Performance report of MarketProfile and Orderflow (up 32% again) trading strategies used in the Vtrender Trading Room
  • Performance report in Oct (up 32%) based on MarketProfile and Orderflow strategies
  • Performance record in Sept on MarketProfile and Orderflow strategies
  • Performance record in Aug on MarketProfile and Orderflow strategies
  • Training Library refurbished with new strategies
  • Give a man a fish…
  • MarketProfile Performance report in July 2020
  • AMA on 23rd June in the VTR
  • Our Performance with MarketProfile, and the awesome COT
  • The 4 stages of a Trader’s Life. Which one are you in?
  • Vtrender Workshop – Some QnA
  • 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

  • January 2023 (120)
  • December 2022 (36)
  • 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 30th Jan 2023 January 30, 2023
  • Participantwise net Open Interest and net equity investments – 30th JAN 2023 January 30, 2023

Address

  • 9511921975
  • support@vtrender.com

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

whatsapp whatsapp