Nifty Aug F: 16955 [ 16965 / 16766 ]
NF continued previous day’s Trend Day imbalance with a gap up open as it not only recorded new highs for the week but left another small buying tail in the IB along with an extension handle at 16814 triggering another trending move higher for most part of the day to hit 16961 in the J period before it gave a late pull back in the K & L periods but left a PBL right at VWAP at 16897 trapping some weak shorts and went on to give new highs of 16965 into the close giving back to back Trend Days as it starts the new August series.
Click here to view the latest profile in NF on MPLite
- The NF Open was an Open Auction Out of Range (OAOR)
- The Day type was a Trend Day – Up (TD)
- Largest volume was traded at 16958 F
- Vwap of the session was at 16905 with volumes of 107.8 L and range of 199 points as it made a High-Low of 16965-16766
- The settlement day Roll Over point (Aug 2022) is 16963
- The VWAP & POC of Jul 2022 Series is 16202 & 15976 respectively.
- The VWAP & POC of Jun 2022 Series is 15895 & 15793 respectively.
- The VWAP & POC of May 2022 Series is 16270 & 16340 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 16895-16958-16965
HVNs – 16531 / 16572
(** indicates series POC)
Business Areas for 29th Jul 2022:
Up
16958 – dPOC from 28th Jul
16994 – FA from 05th May
17033 – Extension Handle (05th May)
17082 – Selling Singles
17137 – Singles from 29th Apr
17181 – SOC from 29th Apr
Down
16955 – Close from 28th Jul
16905 – VWAP from 28th Jul
16854 – Mid-profile singles
16814 – Extension Handle
16777 – Buying Singles
16739 – Gap Mid-point
(These are the actionable levels to watch out where we can initiate fresh trades based on getting further confirmation from the OrderFlow )
BankNifty Aug F: 37422 [ 37449 / 37105 ]
BNF continued previous day’s upside imbalance with a big gap up of 276 points along with an almost OL (Open=Low) start at 37107 and left a buying tail in the IB along with an extension handle at 37304 and made multiple REs to the upside but settled down into a narrow range between 37304 & 37412 for most part of the day building volumes at 37372 forming a ‘p’ shape profile with a mini-spike to 37449 into the close.
Click here to view the latest profile in BNF on MPLite
- The BNF Open was an Open Auction Out of Range (OAOR)
- The Day type was a Normal Variation Day – Up (‘p’ shape profile)
- Largest volume was traded at 37372 F
- Vwap of the session was at 37349 with volumes of 29.2 L and range of 343 points as it made a High-Low of 37449-37105
- The settlement day Roll Over point (Aug 2022) is 37434
- The VWAP & POC of Jul 2022 Series is 35370 & 35099 respectively.
- The VWAP & POC of Jun 2022 Series is 33969 & 33498 respectively.
- The VWAP & POC of May 2022 Series is 34570 & 34477 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 37330-37372-37441
HVNs – 36325
(** indicates series POC)
Business Areas for 29th Jul 2022:
Up
37434 – Aug series RO point
37548 – Closing HVN (13th Apr)
37670 – 1 ATR from FA of 36313
37789 – VWAP from 13th Apr
37944 – LVN from 13th Apt
38047 – Selling Singles
Down
37372 – dPOC from 28th Jul
37304 – Extension Handle
37185 – Buying Singles
37028 – Daily Extension Handle
36943 – Weekly NeuX VWAP
36834 – VPOC from 27th Jul)
(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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