Nifty :
The chart is a 30 min chart for the series showing the vwap and the developing profile.
Current prices are near the lower deviation of the Vwap band which means they are extended and removed from fair value.
Also profile is not showing value for current sellers, so if we do not get a squeeze, we should look for a consolidation in this zone.
With the few sessions left to expiry, it remains to be seen whether price moves back to value for the month or value comes down if price remains here.
Bank Nifty :
