Nifty Sep F: 11515 [ 11599 / 11455 ]
Report to be updated..
Click here to view the weekly balance of NF on MPLite
- The NF Open was a Open Auction In Range (OAIR)
- The Day type was a Neutral Extreme Day – Down (NeuX)
- Largest volume was traded at 11517 F
- Vwap of the session was at 11544 with volumes of 127.5 L and range of 144 points as it made a High-Low of 11599-11455
- NF confirmed a FA at 11599 on 18/09 negating the earlier FA of 11578 and the 1 ATR target comes to 11451.
- 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. This FA is currently on ‘T+5’ Days
- 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 11460-11517-11562
HVNs – 11400 / 11448 / 11485 / 11555 / 11664
Main Hypos for 21.09.2020:
a) NF needs to sustain above 11535 for a rise to 11565-590 / 11605-618 & 11645-665
b) The auction staying below 11485 could test 11465-433 / 11415-385 & 11355*
Extended Hypos:
c) Above 11665, NF can probe higher to 11684-711 / 11726-750 & 11773*
d) If 11355 is taken out, NF could fall to 11324 / 11294-270* & 11251
BankNifty Sep F: 22392 [ 22560 / 22300 ]
Report to be updated…
Click here to view BNF giving a late move away from the 7-day composite on MP Lite
- The BNF Open was a Open Auction In Range (OAIR)
- The Day type was a Normal Variation Day – Down (with a spike close)
- Largest volume was traded at 22395 F
- Vwap of the session was at 22273 with volumes of 71.5 L and range of 712 points as it made a High-Low of 22520-21808
- 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 22049-22395-22505
HVNs – 22294 / 22390 / 22995 / 23688 / 23800 / 24250
Main Hypos for 21.09.2020:
a) BNF needs to sustain above 22125 for a rise to 22185-220 / 22300-392 / 22460-505 & 22550-675
b) The auction staying below 22050 could test 21990-910 / 21860-780 / 21723-660 & 21600*-540
Extended Hypos:
c) Above 22675, BNF can probe higher to 22735-795 / 22854-928 / 23000*-075 & 23150*-230
d) Breaking below 21540, it could fall to 21499-425 / 21312-245 / 21183-138 / 21085-039 & 20970-904
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