Here is an updated chart t the view expressed on Friday at the close of trading.
You can find that post here- http://www.vtrender.com/content/inside-day
Here is the updated chart :
The profile has now filled up the single prints from the beginning of the series and is now poised to cover the gap made on the first day of the series.
Today's neutral extreme day is also a breakout of the 2 day balance area.It should now target the HVN 's from 27th June and 28th June. Below that the composite HVN at 5144 will be in play.
Inventory got a little more short on the close on the spiking move lower and if there is no follow through at the open, chances of these shorts covering are higher.That apart the immediate visit to lower levels remains.