Much of what I wanted to write today is already covered in the post of yesterday : http://www.vtrender.com/content/02042012
The NF stayed above VAL all day and had a positive range extension. We continue to hold the positive bias as long as both of them stay true.
Overhead resistance at 5416 looms large
The BN reached it's objective at 10395 mentioned yeste3rday.We will watch for tomorrow's auction above 10395 as a confirmation for major moves.