Day reads · Fri, 30 Oct, 2026 · NIFTY futures
‹ 2026-10-29Neutral day: a failed break below the IB sent buyers up 23172.9, then the auction rotated back to the middle
NIFTY futures opened inside the prior day's value, broke below the initial balance to 22955, failed there, then broke above the IB high and ran to 23172.9 before rotating back to close mid-range at 23106. The failed downside attempt released the upside move, but excess at both ends and the down-sloping longer timeframe kept it a two-sided neutral day with value only modestly higher.
Day type
neutral
Open
open auction
In control
two-sided
Range
217.9pt · closed mid-range
Session map ⓘEach bar is a 30-minute TPO period (A = 09:15), coloured by Dalton activity against yesterday's value. Shaded: today's value area and nearby prior supply / demand. Hover a bar for its numbers.
Initiative buyingAn up period above yesterday's value — buyers taking new groundResponsive buyingAn up period below yesterday's value — buyers responding to low pricesInitiative sellingA down period below yesterday's value — sellers taking new groundResponsive sellingA down period above yesterday's value — sellers responding to high pricesRotationNo clear direction, or inside yesterday's valueToday's value area▲▼ Large prints (2)Large prints: 500+ lots in one ~2s poll. ▲ buyer-initiated, ▼ seller-initiated (inferred). Hover one for whether the book followed and the OI read. Information only — not shown to predict price.
How the day unfolded
- Open auction inside prior value · A–B · 09:15–10:15The market opened inside the prior day's value and rotated both ways, building an IB of about 100 points. B probed up to 23080 but closed near the IB low, so neither side had shown control.
- Downside break fails · C–D · 10:15–11:15C extended below the IB to 22955 and found no follow-through, leaving a buying tail. D rotated back up and by 11:05 closed above the morning VWAP, which meant the downside attempt was dead.
- Failed move releases buyers · E–G · 11:15–12:45E broke above the IB high and was accepted there at 11:35. Within 24 minutes F reached 23172.9 on initiative buying. The high left a selling tail and G could not exceed it.
- Back to the middle · H–M · 12:45–15:30Responsive sellers in H and I pushed price back to 23051.5, near the day's value low. Buyers held there and the rest of the day rotated, closing mid-range at 23106 above VWAP.
Why it happened
The failed downside break fueled the rally
Sellers who pressed below the IB were trapped when price came back through the morning VWAP and the opposite IB edge. Their exit and fresh buying produced the fastest leg of the day.
IB break armed 10:20, low 22955; failed at 11:35 at 23091 above IB high 23080; +81.9 pts to 23172.9 in 24 min
Excess at both ends bounded the day
Both extremes were rejected with tails, so the other timeframe acted at each end. That left a balanced D-shaped profile with value in the middle.
Buying tail 22955–22970 and selling tail 23160–23175, 3 rows each; shape D; POC 23080 in the middle third
Value moved higher but still overlapped
Buyers gained ground: today's value sat on top of yesterday's and the POC moved up sharply. But the overlap meant the move was not a clean breakaway.
Value 23035–23155 vs prior 22870–23035, OVERLAPPING_HIGHER; POC migration +145; prior singles 23010–23025 traded through
The rally stalled under the swing flip
The high stopped just short of the level that would turn the larger swing up, where the down-sloping longer timeframe still dominated. Responsive sellers took over there.
High 23172.9 vs flip level 23185.56; 10-session migration −221, direction DOWN; H and I responsive selling
Thin participation
Volume ran well below normal, which fits a rotational day rather than a conviction trend.
Volume ratio 0.65 of the 10-session median
What this day teaches
From failed moves come fast moves
The break below the IB died at 22955 and the reversal through the IB high ran almost 82 points in 24 minutes.
A neutral day shows the other timeframe on both sides
Range extension came both ways and each extreme ended in excess, so the close settled back near the middle.
Excess marks where an auction ended
The 3-row tails at 22955–22970 and 23160–23175 showed price had gone far enough to cut off trade in each direction.
All facts
| Session | O 23010 · H 23172.9 · L 22955 · C 23106 · VWAP 23069.7 |
| IB | 22979.7–23080 (100.3pt) |
| Extension | ↑92.9 from E · ↓24.7 from C |
| Open | open auction · inside value |
| Activity | IB 4 · RB 0 · IS 0 · RS 3 · rotation 5 |
| Volume | 0.65× the 10-session median |
| Value | 23035–23155 · POC 23080 · D-shape |
| Extremes | high excess (15pt tail) · low excess (15pt tail) |
| Single prints | none |
| Value vs prior | overlapping higher · POC +145pt |
| Morning VWAP | 23018.9 · down attempt held it in the IB · broke 11:05 |
| Failed move | ib break down failed 11:35 at 23091 → 81.9pt in 24 min |
| Swing VWAP | 22826 from the high 23256 (2026-10-19) · flat · price above |
| Longer timeframe | down (−221pt) |
| Large prints | 11:58 BUY 635 @ 23160.9 · book followed · OI mixed · OI −151 → −345 lots |
| 13:42 SELL 533 @ 23065 · absorbed · long unwinding · OI −321 → −464 lots | |
| Prior zones | 23010–23025 single prints (10-29) · at open · traded through |
| 22845–22870 single prints (10-29) · demand · untouched (closest 85pt) | |
| 22710–22785 buying tail (10-29) · demand · untouched (closest 170pt) | |
| 22565–22590 buying tail (10-28) · demand · untouched (closest 365pt) |
| Reference | Price | From close |
|---|
Limits: oneTimeframing is null, so period-by-period one-timeframing could not be assessed. · nextBalances is empty, so there is no updated multi-day balance for the next session.
Built 30/10/2026, 15:41:02 · claude-opus-5-5
Educational only. Facts are computed by fixed rules from the session's futures data and written up by an AI model, published without review. They describe what the market did; they name no trades, levels to act on or expectations for the next session. Not investment advice — see the disclosures below.