Here are the profile charts of NF and BNF as of Fridays' close.
The NF profile is a ledge with repeated rejections at 5593 during the day.
The auction which began from 5735 on Friday still continues southwards and the target below for sellers would be 5502.
The upside reference levels is at 5593 ledge high, 5643 POC from 4th April and teh spike low at 5666 from 3rd April.
The banknifty had a balanced profile on Friday with evidence of buyers and sellers in the activity each trying to move the market their way.
The bias for Mondays' trade revolves around the value area at 11186 and 11116.
Expect the market to get up to 11240 ad 11300 if it stays above value area high at 11186.
On the other hand a move below 11116 is a continuation of the downwards bias we have seen from 11515 on the 3rd.
The targets below would be 10912 and 10758 Apr.
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