This is what was written ,
Important Ref levels for Monday is 6061, its crucial level to keep bias positive.
Today's low was 6063, n moved till 6091. Missing 6100 once again.
As per Market Profile view it was Neutral Center day , As there was Range extension to Initial Balance on both sides. Closed near POC.
Key points :
Small range day ahead of big event, but VA developed higher, POC also moved up.
So possibly after RBI news , can get Trend day or Double distribution day.
The key reference levels, i'm giving here are based on Algo bars, ( will discuss this later. )
6061 we carry it as imp ref level to tomorrow.
Today 6091 imp reference level.
Important Ref levels for Monday is 6061, its crucial level to keep bias positive.
Today's low was 6063, n moved till 6091. Missing 6100 once again.
As per Market Profile view it was Neutral Center day , As there was Range extension to Initial Balance on both sides. Closed near POC.
Key points :
Small range day ahead of big event, but VA developed higher, POC also moved up.
So possibly after RBI news , can get Trend day or Double distribution day.
The key reference levels, i'm giving here are based on Algo bars, ( will discuss this later. )
6061 we carry it as imp ref level to tomorrow.
Today 6091 imp reference level.
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