Nifty Jan F: 17268 [ 17317 / 17200 ]
NF made a probe below PDL (Previous Day Low) at open but was immediately rejected back as it remained mostly in the 2-day composite Value making mutliple rounds of the 80% Rule forming a hat-trick of narrow range days for this week and a nice 3-day composite with Value at 17266-17284-17296 and is looking for initiative volumes in the coming session(s) for a move away from the ultra-prominent POC of 17284.
Click here to view the latest profile in NF on MPLite
- The NF Open was a Open Auction (OA)
- The Day type was a Normal Day
- Largest volume was traded at 17282 F
- Vwap of the session was at 17281 with volumes of 63.6 L and range of 117 points as it made a High-Low of 17317-17200
- The settlement day Roll Over point (December) is 17600
- The VWAP & POC of Nov Series is 17635 & 17961 respectively.
- The VWAP & POC of Oct Series is 18036 & 18155 respectively.
- The VWAP & POC of Sep Series is 17519 & 17365 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 17271-17282-17303
Business Areas for 31st Dec:
Up
17296 – 3-day composite VAH
17352 – VPOC from old 3-day composite (14-16 Dec)
17397 – VAH of old 3-day composite (14-16 Dec)
17424 – Weekly 2 IB objective
17468 – 1 ATR target on weekly
17515 – VPOC from 13th Dec
17563 – VWAP from 13th Dec
Down
17245 – Buying Singles from 30th Dec
17200 – PDL (Previous Day Low)
17150 – VPOC from 27th Dec
17112 – PBL from 27th Dec
17086 – VWAP from 27th Dec
17015 – B TPO VWAP from 27th Dec
16952 – Buying singles from 27th Dec
(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: 35221 [ 35322 / 34881 ]
BNF made a probe below previous day’s spike at open but left a buying tail in the IB from 35005 to 34991 after which it made couple of attempts to enter the last 2-day composite Value but formed similar highs of 35322 and closed near the dPOC of 35230 forming a ‘p’ shape Normal Day with completely lower Value.
Click here to view the latest profile in BNF on MPLite
- The BNF Open was a Open Auction (OA)
- The Day type was a Normal Day (‘p’ shape profile))
- Largest volume was traded at 35230 F
- Vwap of the session was at 35176 with volumes of 22.8 L and range of 441 points as it made a High-Low of 35322-34881
- The settlement day Roll Over point (December) is 37555
- The VWAP & POC of Nov Series is 38047 & 39404 respectively.
- The VWAP & POC of Oct Series is 39368 & 41157 respectively.
- The VWAP & POC of Sep Series is 37210 & 36633 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 35112-35230-35284
Business Areas for 31st Dec:
Up
35230 – dPOC from 30th Dec
35361 – 2-day composite VPOC (28-29 Dec)
35451 – 2-day composite VAH (28-29 Dec)
35549 – Daily Swing high from 29th Dec
35649 – Selling singles from 23rd Dec
35800 – Weekly extension handle
35982 – Extension handle from 17th Dec
Down
35152 – PBL (Pull Back Low) from 30th Dec
35005 – Buying Singles from 30th Dec
34904 – HVN from 27th Dec
34810 – PBL from 27th Dec
34689 – Buying singles from 27th Dec
34557 – Singles mid-point
34425 – Weekly IBL
(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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