Here are the profile charts of today-
We continue to operate in a headline driven market and gaps have become common with the market reacting violently off the open price to it';s perception of value.Today's move off the VAH had buyers and nullifies the seller of the morning. We are also in the prior selling zone as can be evident in the single prints of the profiles on the left.Time to be cautious and conservative in trading positions as headline risk looms in the shape of the RBI event tomorrow and the Budget session on Friday.
