Nifty Nov F: 11914 [ 11977/ 11884 ]
HVNs – 11667 / 11760 / 11814 / 11876 / ( 11901-920 ) / 11916 / 12000 / (12044)
Report to be updated…
- The NF Open was an Open Rejection Reverse – Down (ORR) but on low volumes
- The day type was a Normal Variation Day (Down) ‘b’ shape profile
- Largest volume was traded at 11916 F
- Vwap of the session was at 11921 with volumes of 82.8 L and range of 93 points as it made a High-Low of 11977-11884
- 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 11894-11916-11934
Hypos / Estimates for the next session:
a) NF needs to sustain above 11916 for a move to 11934-945 / 11965-974 & 11990-12000*
b) Immediate support is at 11910-901 below which the auction could test 11885 / 11860-852* & 11833
c) Above 12000, NF can probe higher to 12021-30 / 12052-60 & 12080-94
d) Below 11833, auction becomes weak for 11816*-810 / 11795 & 11771-767*
e) If 12094 is taken out, the auction go up to to 12117-121 / 12148 & 12166-185
f) Break of 11767 can trigger a move lower to 11749-734 / 11716-709 & 11689
BankNifty Nov F: 31114 [ 31329 / 31023 ]
HVNs – 30075 / 30150 / 30288 / 30400 / 30690 / 30760 / 31020 / 31115 / (31225) / 31315 / (31390)
Report to be updated…
- The BNF Open was an Open Auction In Range (OAIR)
- The day type was a Double Distribution Day – Down (DD)
- Largest volume was traded at 31131 F
- Vwap of the session was at 31173 with volumes of 27.7 L and range of 306 points as it made a High-Low of 31329-31023
- BNF confirmed a FA at 31224 on 21/11 which got negated on 22/11. The 1 ATR move down comes to 30782.
- BNF had confirmed a 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 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 31034-31131-31214
Hypos / Estimates for the next session:
a) BNF needs to sustain above 31115 for a rise to 31170-180 / 31225 & 31280-345
b) Staying below 31110, the auction could test 31058-020 / 30965-914 & 30860
c) Above 31345, BNF can probe higher to 31390-410 / 31490 & 31560
d) Below 30860, lower levels of 30780-750* / 30686-658 & 30585-580 could be tagged
e) If 31560 is taken out, BNF can give a fresh move up to 31618-625 / 31665-680 & *31785-803*
f) Below 30580, we could see lower levels of 30540 / 30500-460 & 30375-370
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