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Nifty Nov F:
NF had another gap up open of 50 points from Frid se confirming a multi-day FA at 10636 but could not sustain the new highs & closed the gap while probing lower even breaking the first hour lows of 10701 but the down move was rejected at yVAH of 10694 indicating that PLR in NF was still up. NF then made a small balance auctioning at that 10710-715 zone leaving a HVN there after Auction Market Theory which it gave a breakout above vwap at mid-day & stayed above it till close. NF did give a pull back to vwap at 10713 which will be the important level to watch out for this week before it made a RE (Range Extension) to the upside confirming a FA at 10693. NF gave another pull back low of 10726 before closing in a small spike & tagging the 1 ATR target of 10779 from the multi-day FA of 10636. The dPOC shifted higher to 10775 at close so will be the levels to watch at open tomorrow and we have the Neutral Extreme reference of 10745-10779 along with it.

The NF Open was a Open Auction Out of Range
The day type was a Neutral Extreme Day (Up)
Largest volume was traded at 10775 F
Vwap of the session was at 10728 with volumes of 76 L in a session which traded a High-Low range of 10780-10694 for 86 points
Nifty futures confirmed the multi-day FA at 10636 and even tagged the 1 ATR target of 10779 Authentic Darnell Savage Jr. Jersey , the 2 ATR target comes to 10917
NF also confirmed a fresh FA at 10694 today and the 1 ATR target comes to 10834
The vwap of 2910 at 10175 is strong support now which was broken intraday but re-captured
We had a FA at 10111 on 3110 which has done its 2 ATR objective & is now strong support
The VWAP & POC of 3110 10250 & 10248 will be important levels going forward
For the weekly and other swing levels of the Nifty go to 鈥? (has monthly and weekly Profile charts updated to trade date 1611)
Daily Zones:
Value zones (volume profile) are at 10723-10775-10777
Hypos Estimates for the next session:
a) Bullish above 10760 for 10820 and 10843
b) 10701 is support below 10760
c) Below 10700 is a fast drop to 10630


BankNifty Nov F:

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