Nifty Dec F: 18122 [ 18178 / 18074 ]
NF made a sedate OAIR (Open Auction In Range) start and formed a narrow 75 point range IB (Initial Balance) after taking support at yVWAP of 18075 after which it left a PBL at 18097 in the C period indicating that the PLR was to the upside.
The auction then made multiple REs higher starting from the F TPO and even went on to tag the 22md Dec VPOC of 18168 while making a high of 18178 in the J period but could not sustain as the sellers came back strongly to take it down to 18097 into the close forming a nice Gaussian Curve with a prominent POC at 18137 and completely higher Value from the 3-day balance it had formed yesterday so looks good for a fresh imbalance in the coming session.
Click here to view the latest profile in NF on MPLite
- The NF Open was an Open Auction In Range (OAIR)
- The Day type was a Normal Day (Gaussian Curve)
- Largest volume was traded at 18136 F
- Vwap of the session was at 18131 with volumes of 65.5 L and range of 104 points as it made a High-Low of 18178-18074
- The settlement day Roll Over point (Dec 2022) is 18650
- The VWAP & POC of Nov 2022 Series is 18295 & 18335 respectively.
- The VWAP & POC of Oct 2022 Series is 17350 & 17260 respectively.
- The VWAP & POC of Sep 2022 Series is 17500 & 17643 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 18105-18136-18152
HVNs – 18645 / 18719** / 18760
(** indicates series POC)
Business Areas for 29th Dec 2022:
Up
18131 – VWAP from 28 Dec
18168 – Selling tail (28 Dec)
18202 – VWAP from 22 Dec
18240 – LVN from 22 Dec
18288 – LVN-2 from 22 Dec
18346 – Weekly 2 IB
Down
18115 – Weekly IBH
18061 – VPOC from 27 Dec
18017 – PBL from 27 Dec
17988 – Buying Singles (27 Dec)
17938 – Buying Tail (26 Dec)
17886 – IB singles mid
(These are the actionable levels to watch out where we can initiate fresh trades based on getting further confirmation from the OrderFlow )
BankNifty Dec F: 42835 [ 43034/ 42716 ]
BNF opened slightly lower but took support at the HVN of 42768 as it left a buying tail in the IB from 42775 to 42716 while making new highs for the week at 42969 in the B period stalling exactly at the IB singles mid-point from 22nd Dec 2022 after which it made a typical C side extension to 42978 & promptly got rejected back into the IB testing the morning singles as it left a PBL at 42751.
The auction then made a fresh RE in the D period & followed it up with another one in the G TPO but could only manage marignal new highs of 43013 & 43034 with the supply coming back to defend around the Monthly IBL of 43050 managing to take it back lower to 42758 into the close forming back to back Normal Days and a nice Bell Shape profile closing near the lower end of the Value.
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 (Bell Curve)
- Largest volume was traded at 42952 F
- Vwap of the session was at 42884 with volumes of 23.8 L and range of 318 points as it made a High-Low of 43034-42716
- The settlement day Roll Over point (Dec 2022) is 43331
- The VWAP & POC of Nov 2022 Series is 42150 & 42959 respectively.
- The VWAP & POC of Oct 2022 Series is 39750 & 38950 respectively.
- The VWAP & POC of Sep 2022 Series is 39910 & 40770 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 42819-42952-42971
HVNs – 42955 / 43295** / 43412
(** indicates series POC)
Business Areas for 29th Dec 2022:
Up
42884 – VWAP from 28 Dec
42952 – dPOC from 28 Dec
43050 – Monthly IBL
43131 – Trend Day VWAP
43243 – Anamoly (21 Dec)
43361 – Extension Handle
Down
42819 – VAL from 28 Dec
42751 – Buying Tail
42659 – VWAP from 27 Dec
42538 – PBL from 27 Dec
42444 – B & H TPO RB POC
42364 – 2nd Ext Handle
(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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