Here are today's orderflow charts :
Today's market was dictated by the news flow announced by the market over the weekend on the rupee decline.
But even then, it was easy to read the market s it left big clues on it's intentions.
1) the open was an open drive and the market quickly moved above PDH. A buy at open would have had a SL just below vwap
2) As the move was coming from an 'inside day' a move back into Fridays' range would call upon the 80 % rule .
3) the biggest clue was a failed breakout above IBH in NF which meant that buying power of the morning was reducing.
4) A short below PDH ( previous day high) was the easiest trade of the day.
The system now is a sell in NF and BN.
The broader market is in the CHVN zone of 5120 again.