The series of Oct has been traded with a vwap of 10482 and largest volume has come at 10318 in the series.
The BN has traded with a vwap of 25054 this series and largest volume has come at 24800.
Sellers dominated the second straight series and we had another closing below vwap. What does that tell you about the control of the tape on the monthly frame?
They have already dominated the hourly, daily and the weekly.
Nifty Oct F:
Intraday and swing trading view for Nifty Futures below the chart. ( This chart is Live in the Vtrender Trading Room)
- The NF Open was an Open auction
- The day type was a Neutral day
- Largest volume was traded at 10185 F Friday
- Vwap of the session was at 10174 with volumes of 123.2 L in a session which traded a High-Low range of 10220-10122 for 97 points
- The vwap of 17/10 at 10612 is the resistance now for NOV
For the weekly and other swing levels of the Nifty go to – https://vtrender.com/support-and-resistance-levels-nifty-bank-nifty-futures/
( has monthly and weekly Profile charts updated to trade date 18/10)
Daily Zones:
- Value zones ( volume profile) are at 10202-10185-10164 tomorrow
Hypos / Estimates for the next session :
a) supply now firm at 10260
b) 10340 was an expected support but is broken and now another supply zone
c) 10091 is the next intra support
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.
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BNF Oct F:
Intraday Trading strategies using OrderFlow analysis and MarketProfile done Live with a Live analysis in the Vtrender Trading Room
- The BNF Open was an Open auction
- The Day type was a Normal variation day
- Vwap of the day was at 24942 with Volumes of 22.6 L and a High – Low of 25097-24820 for a range of 277 points.
- Largest Volume was traded at 24930 F today
For the weekly and other swing levels of the BankNifty go to – https://vtrender.com/support-and-resistance-levels-nifty-bank-nifty-futures/
The BN Monthly and BN weekly F charts are posted at the same link
Daily Zones:
- Value zones ( volume profile) are at 24975-24930-24875 for tomorrow
Hypos / Estimates for the next session :
a) The supply at 25460 and the supply at 25260 would prevent upsides
b) support expected at 24750
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</strong