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

Market Profile Analysis dated 18th November

November 18, 2019November 18, 2019 vtrender Blog

Nifty Nov F: 11921 [ 11958 / 11890 ]

HVNs – 11667 / 11760 / 11814 / 11901 / 11920 / 11980

NF seemed to give a move away from the yPOC of 11937 to the downside at open in spite of an OAIR (Open Auction In Range) start as it negated the Friday’s buying tail of 11928 to 11913 while making lows of 11903 in the ‘A’ period where it seemed to have got some demand as the auction began to coil making a narrow range till the ‘D’ period as it stayed within the range of ‘A’. The ‘E’ period then made a RE (Range Extension) to the downside as it made lows of 11890 but got stalled exactly at the VAL of the 3-week composite (mentioned in the weekly report) plus could not tag the 1.5 IB extension lower even after staying below IBL for more than 30 mins which were strong signals that the sellers were not doing a good job. NF then made a slow probe up to VWAP and even got into the morning selling tail of 11933 to 11958 in the ‘H’ period but was swiftly rejected as it left a PBH (Pull Back High) at 11939 to make another trip to 11901 where it was once again defended by buyers after which closed at the dPOC of 11920 to leave a small ‘b’ shape profile on the daily with lower but contracting Value. NF has been in a range since the start of this new series & is right now forming a nice Gaussian profile on a 13-Day composite starting from 30th Oct with the composite Value at 11885-11918-11997 and is looking good to move away from this balance in the coming session(s).

(Click here to view the Gaussian composite from 30th Oct to 18th Nov in NF)

  • The NF Open was an Open Auction In Range (OAIR)
  • The day type was a Normal Variation Day (Down) ‘b’ shape profile
  • Largest volume was traded at 11920 F
  • Vwap of the session was at 11918 with volumes of 63.7 L and range of 68 points as it made a High-Low of 11958-11913
  • 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 11906-11920-11931

Hypos / Estimates for the next session:

a) NF has immediate supply at 11935-939 above which it could rise to 11956-982 / 12003-10 & 12027-50
b) Staying below 11920 at open, the auction could tag 11901-898 / 11880-860 & 11846-833
c) Above 12050, NF can probe higher to 12064-80 / 12112 & 12133-148
d) Below 11833, auction becomes weak for 11816-810 / 11795 / *11771-767* & 11749-734
e) If 12148 is taken out, the auction go up to to 12166 / 12185-199 & 12226-236
f) Break of 11734 can trigger a move lower to 11716-709 / *11689-667* & 11645


BankNifty Nov F: 31018 [ 31182 / 30900]

HVNs – 30075 / 30150 / 30288 / 30400 / 30690 / 30760 / 30990-31010

BNF made an inside bar both in terms of range & Value making a second consecutive narrow range day and forming a nice 2-day Gaussian profile with the FA of 30860 still intact. The auction has closed around the prominent POC of 31019 and has a good chance of giving an initiative move away from here in the next session for a probe towards 30335 or 31384.

(Click here to view the 2-day composite Bell Curve in BNF)

  • The BNF Open was an Open Auction In Range (OAIR)
  • The day type was a Normal Variation Day – Down
  • Largest volume was traded at 31010 F
  • Vwap of the session was at 31017 with volumes of 26.1 L and range of 282 points as it made a High-Low of 31182-30900
  • BNF confirmed a fresh FA at 30052 on 06/11 and tagged the 2 ATR target of 31049 on 08/11. This FA has not been tagged since & hence is now positional support
  • 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 30960-31010-31066

Hypos / Estimates for the next session:

a) BNF needs to sustain above 31020-48 for a rise to 31105-125 / 31185-209 / 31255 & 31310-326
b) Immediate support is at 30990-976 below which the auction could test 30925-920 / 30880-860 / 30770-750* & 30686-658
c) Above 31326, BNF can probe higher to 31386-395 / 31417-440 / 31490 & 31560
d) Below 30658, lower levels of 30585-580 / 30540 & 30500-460
e) If 31560 is taken out, BNF can give a fresh move up to 31618-640 / 31680 & 31727-740
f) Below 30460, we could see lower levels of 30375-370 / 30310-281 & 30225-190

Additional Hypos

g) Above 31740, higher levels of 31784*-803 / 31875 & 31929-949 could get tagged
h) Break of 30190 could trigger a move down to 30150-131 / 30072-50 & 29995-945

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

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 18th Nov
Order Flow charts dated 19th Nov (5 mins)

Most Read Post

  • 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

  • August 2022 (36)
  • July 2022 (108)
  • 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
  • Trading Room
  • Features
  • Training Library

Forum

  • Weekly Charts (01st to 05th Aug 2022) and Market Profile Analysis August 9, 2022
  • Market Profile Analysis dated 08th Aug 2022 August 9, 2022

Address

  • 9511921975
  • support@vtrender.com

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

whatsapp whatsapp