The BNF profile chart above shows a move away from previous balance and a small P. This indicate short covering in MP.
There is a gap area upto 10446 in the chart as well as single prints low volume distribution from 10310 to 10380.
Our first hypothesis for the coming sessions would be an auction continuing in the 10320- 10450 zone as happened today
The NF compo chart of today began with a move higher from previous value and range but the move was shut off mid- day unexpectedly and rotations began again.\
The resultant profile was balanced and evenly distributed between buyers and sellers.
We prefer to be biased slightly positive above 6088 F for 6154 and 6162 and a possible 6196 into the weekend.
The NF OF chart above shows the seller around 10.50 am who came in to shut the buying and upmove seen,
It remained the biggest candle of the day.
6119 is the ref area into tomorrow for intra day bias.