NF March update

Here's the updated chart of the Nifty march at the close of the day.


Nf Cumu 5 Nf March Update


We had a touch of that declining vwap line near 5848 again.


All through feb, every touch of that declining vwap has been rejected as the seller has lived below it.


As we move in to the last day that vwap line is critical for the next series.


Keep an eye on the 5848 level tomorrow in the march future.


News based inventory change can bring a level of 5914/ 5926 above that.


Lower down 5764 will look to support the market tomorrow.