Trend day buyers of Friday got follow through with higher open today and got all day auctioning higher with value then closed at dPOC.
3-1-3 profile with secured ends at both ends. Likely to get imbalance next.
No demand from volume,data and range wise..Buyers zone to defend 22470 and look for acceptance above 22520 failing so push down possible for 22440-22420 then bounce else some liquidation possible.Sellers job not allow acceptance above this profile early in session and go for pushing below VAL to get test of 22440-22420 then defend 22490 all day for more downside.
Levels wise,acceptance above 22520 could get 22545-22560 if sustains 22590-22610/22640 possible. If fails to sustain below 22440 and moves above 22490 then could get 22520/22545-22560/22590-22610.Not able to stay above 22560 and moves below 22500 could test 22470 and weak below that for 22445/22420 quite weak below that for 22390/22365.
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