Nagpur, Maharashtra, India
Posts: 29 since Oct 2015
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![](https://nexusfi.com/attachments/198268)
Nifty too has a deep VAP profile developing at current levels, but it does not look as symmetric as BNF profile.
But we still have a thick center developing on Nifty.
We had a value developing lower than yesterdays, with value being pulled to price.
This means we are not yet done with the down move, ad are still in search of strong buyers.
![](https://nexusfi.com/attachments/198269)
We have a big distribution maturing on BNF, as is evident from the VAP overlay on the right.
Once this is done, we might get a new auction starting, the direction of which is not clear yet.
Yesterdays upper distribution was rejected totally, and value was pulled to price. This is a bearish development.
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