The profile chart shown is friday morning’s update now shows up as above.The profile is balancing out though a move below 4863 will balance it further. Headlines from Europe will dominate the sesssion on Mondy morning,. US markets are closed on Monday.
The BankNifty profile shows value going sideways after a 45 degree climb.It is the first sign of the momentum waning and we have to be on guard for weakness below Friday’s value area and session lows.
