Nifty Nov F: 18192 [ 18306 / 18155 ]
NF not only opened lower but made a drive down from just below the HVN of 18308 falling by 126 points in the A period itself as it made a low of 18180 after which it made couple of attempts to extend lower but could only manage to hit 18155 unable to enter the 10th Nov range and formed yet another ‘b’ shape profile for the day with a long selling tail from 18214 to 18306 & closed at the ultra prominent POC of 18193 with completely lower Value.
Click here to view the latest profile in NF on MPLite
- The NF Open was an Open Drive – Down (OD)
- The Day type was a Normal Day (‘b’ shape profile)
- Largest volume was traded at 18193 F
- Vwap of the session was at 18198 with volumes of 63.1 L and range of 151 points as it made a High-Low of 18306-18155
- 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 18177-18193-18204
HVNs – 17745 / 18133 / 18193** / 18409
(** indicates series POC)
Business Areas for 22nd Nov 2022:
Up
18214 – Selling Tail (21 Nov)
18260 – IB singles mid
18308 – HVN from 18 Nov
18343 – VPOC from 18 Nov
18379 – Selling tail (18 Nov)
18410 – Weekly POC
Down
18161 – Buying tail (21 Nov)
18129 – Singles from 10 Nov
18093 – Weekly VPOC
18048 – Weekly VAL
18005 – VPOC from 31 Oct
17968 – IB singles mid (31 Oct)
(These are the actionable levels to watch out where we can initiate fresh trades based on getting further confirmation from the OrderFlow )
BankNifty Nov F: 42366 [ 42420 / 42255 ]
BNF opened with a gap down of 155 points and made a low of 42255 in the A period stalling just above the 15th Nov FA of 42226 and remained in a narrow 165 point range all day forming a Gaussian Curve with completely lower value & a prominent POC at 42303
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 Day (‘b’ shape profile)
- Largest volume was traded at 42303 F
- Vwap of the session was at 42321 with volumes of 18.8 L and range of 165 points as it made a High-Low of 42420-42255
- 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 42280-42303-42355
HVNs – 41452 / 42292**
(** indicates series POC)
Business Areas for 22nd Nov 2022:
Up
42385 – Selling Tail (21 Nov)
42515 – dPOC from 18 Nov
42643 – Selling tail (17 Nov)
42774 – Weekly 1.5 IB
42934 – Weekly 2 IB
43060 – 2 ATR from 42226
Down
42303 – dPOC from 21 Nov
42203 – VPOC from 14 Nov
42053 – FA from 11 Nov
41936 – VPOC from 09 Nov
41825 – Monthly IBH
41731 – VPOC from 10 Nov
(These are the actionable levels to watch out where we can initiate fresh trades based on getting further confirmation from the OrderFlow )
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