The Nifty futures profile chart as of 2.10 pm is below :
We saw an open drive which was the longer time frame player stepping up.
Value now is being built at the upper end of the single prints from 18th March.
Holding 5460 this market can move up to 5527/ 5556 by tomorrow.
5500 is also the series Point of Control and slow distribution was expected here this morning.
The BankNifty at 10950, SBI at 2640 and RIL at 1011 are at crucial points for the day.All reference levels of importance.
