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Showing posts from 2019

01st Jan 2020

@ 9.00 AM NF Closed @ 12248.9 NF VAs VAH - 12296.9 POC - 12272.9 VAL - 12265.4 Hypo - 1 - If price opens below YVAL, it might drive down to test 12200 / 12160 zone. Hypo - 2 - If price opens inside YVA, it might swing and do some balancing moves for a while and later it might test Y.low and be more of a balancing day. Hypo - 3 - If price opens above YVAH, it might drive down to test YPOC and YVAL, and price might balance the day. Side Notes: 1) ViX was up by 5% and it was holding up. closed @ 11.67 2) Expect price volatility when volumes come in. 3) 27th Dec Single prints got cleared. 4) Expect more of a balancing day and price driving down later.

31st Dec 2019

@ 9.00 AM NF Closed at 12332.4 NF VAs VAH - 12326 POC - 12304 VAL - 12280 Hypo - 1 - If price opens inside YVA, it might drive down to test 12280 levels. If 12280 zone is breached with momentum, price might test 12200  / 12160 zone Hypo - 2 - If price opens above YVAH, it might drive up and price must break YIB 12348 with momentum to head higher, else price might drive down inside YVA and do some balancing moves. Later it might break to test 12280 / 12260 levels Hypo - 3 - If price opens below YVAL, strong sell zone, price might quickly drive down to test 12200 / 12160 zone. Side Notes: 1) ViX finally was up by 6% consistently. expect fast price movements if the ViX continues to go up. ViX closed at 11.01 2)  Volume PoC and Price PoC are far apart, today's price auction will indicate if the volume is for sell or buy 3) Price closed below IB, strong move above IB (12348) is needed for price to be further bullish. @ 9.07 AM Pre-Open - 12247.1 (-8.75) - Fla...

30th Dec 2019

@ 9.00 AM NF JAN CONTRACT closed @ 12327 NF JAN CONTRACT VAs VAH - 12316 POC - 12285 VAL - 12265 Hypo - 1 - If price opens above YVAH, it might drive down to test 12280 (Y Volume POC) and bounce within YVA, do some balancing moves and later break higher to test 12340 zone Hypo - 2 - If price opens inside YVA between YVAH and YPOC, it might do some balancing movies for a while and then break higher to test 12340 zones. Hypo - 3 -  If price opens inside YVA between YPOC and YVAL, it might balance for a while and if price breaks 12270 zone with momentum, it might test 12160 zone. If 12270 zone holds, price might head higher levels. Side Notes: 1) Price closed at highs, Potential COD. But the COD might fail due to the zone we are in. 2) ViX at all time low. Closed at 10.53 (5.31% down) 3) Single prints by C period 12270 and 12255. 4) 12190 and 12140 are some strong zones where price started heading higher. Any break in price at 12270 with momentum, price might test ...

27th Dec 2019

@ 9.00 AM NF JAN CONTRACT Closed @ 12196.05 NF JAN CONTRACT VAs VAH - 12271 POC - 12255 VAL - 12231 Hypo - 1 - If price opens below YVAL, it might drive down to test 12180 / 1270 zones. Potential COD. Hypo - 2 - If price opens inside YVA, it might swing and do balancing moves. Later part, it might test 12255 zone and drive down to test 12180 / 12170 zone. Hypo - 3 - If price opens inside YVA, between YVAH and YPOC, it might balance for a while and later it might drive down to test the single prints zone. Side Notes: 1) NF closed at lows, Potential COD 2) Single prints formed at L period between 12230 - 12200 3) price closed on 26th Dec is an important zone, that is where market started to head higher. Single prints on 17th Dec and zone is 12145 - 12190 4) COD might fail today due to strong support zone. @9.07 AM Pre - Open - 12172.90 (+46.35)

26th Dec 2019

@ 9.00 AM NF Closed @ 12236.5 NF VAs VAH - 12278 POC - 12268 VAL - 12251 Hypo - 1 - If price opens below YVAL, it might drive down to test 12200 / 12190 zone. Hypo - 2 - If price opens inside YVA, it might swing for a while, test YPOC and then drive down to test 12200 / 12190 zone. Hypo - 3 - If price opens above YVAH, it might drive down inside YVA and do some balancing moves. Later it might break lows to test 12200 zone. Side Notes: 1) Freak high at 12315. similar to freak low on Dec 19th. 2) ViX was negative to Flat because of Month end and Roll overs 3) Small Single prints at L period. 4) Closed at lows. Potential COD. Lets see where we open. 5) No Bullish Hypos, since the 24th Dec MP structure is Kinda Bearish. @9.07 AM Pre-Open - 12211.85 (-2.7) - Flat Pre-Open

24th Dec 2019

@9.00 AM NF closed @ 12276.85 NF VAs VAH - 12287 POC - 12276 VAL - 12257 Hypo - 1 - If price opens inside YVA between YPOC and YVAL, price might swing for a while and if price does not breach YPOC with momentum, it might drive down to test 12210 / 12190. If price opens between YVAH and YPOC, it might take support at YPOC and drive up to test 12300 / 12320 Hypo - 2 - If price opens below YVAL, it might drive down to test 12200 / 12190. Hypo - 3 - If price opens above YVAH, it might drive down to take support at YPOC and then bounce to test 12300 / 12320. Side Notes: 1) 23rd Dec was a neutral day 2) Price drove higher in the L period but unable to breach 20th Dec VAH and the IBH (20th Dec and 23rd Dec). If price does not take out 12290 with momentum, price might drive down swiftly 3) ViX was up and second half it crashed and closed at 11.96 (3% down) 4) Today open is important and any open below YPOC will be important to watch and short. 5) Watch how ViX reacts close...

23rd Dec 2019

@9.00 AM NF price closed @ 12290.25 NF VAs VAH - 12286 POC - 12277 VAL - 12268 Hypo - 1 - If Price opens above YVAH, it might test YPOC (12275 zone) and it might drive up to test 12340 / 12350. Hypo - 2 - If price opens inside YVA, price might do some balancing moves. if price not able to sustain 12280 -12290 levels, it might drive down to test 12200. Hypo - 3 - If price opens below YVAL, price might test 12275 zone and drive down to test 12200 / 12180 zone. Side Notes: 1) 19th Dec and 20th Dec was a neutral extreme day high close. 20th Dec, we couldn't go long since the open drive was not strong and the IBH break only happened at K period. 2) Price closed exactly at IBH level 3) ViX Marginally increased by 3% and closed @ 12.33 (+1.73%) 4) Today price open is important for going long. 

20th Dec 2019

@ 9.00 AM NF closed at 12269. NF VAs VAH - 12276 POC - 12259 VAL - 12240 Hypo - 1 - If price opens above YVAH, it might drive down take support at Y VPOC (12260) zone and then drive up to test some higher levels like 12300 / 12320. Hypo - 2 - If price opens inside YVA, it might balance for sometime and later if is breaks 12240, it might test 12200 / 12180 levels. If price breaks 12270, it might test 12300 levels. Hypo - 3 - If price opens below YVAL, it might drive down to test 12200 / 12190 zone and if momentum creeps in, it might test 12120 / 12100 levels. Side Notes: 1) Closed at highs, potential COD. 2) Smallest IB formed after a long time - 21.3 Points 3) Yesterday up-move was not participated by Banks and Reliance made the Nifty to move up, which means we have to be more wary on longs moving forward. 4) ViX was trading 1-2% down. closed @ 12.12 5) Periods H, I, J, K, L was unable to cross 12270, periods G and M tried to cross the level but unable to close ab...

19th Dec 2019

@9.00 AM NF closed @ 12247.4 NF VAs VAH - 12224 POC - 12211 VAL - 12184 Hypo - 1 - If price opens above YVAH, it might test YVPOC (12190) and drive up to test 12300. Hypo - 2 - If price opens inside YVA, it might swing and expect some balancing moves. if 12190 zone is broken with momentum, expect price test 12160 / 12140 levels Hypo - 3 - If price opens below YVA, it might drive down to test 12150 / 12140 zone, if breaches with momentum, it might test 12100 zone. Side Notes: 1) Weekly Expiry day. Trade Nimble. 2) Price closed at highs. Potential COD. 3) ViX was flat the whole day. 4) New ATH is at 12253.1 as on 18th Dec. 5) Today's open is important and today will be mostly a balancing day.

18th Dec 2019

@9.00 AM NF closed at 12197.65 NF VAs VAH - 12186 POC - 12167 VAL - 12154 Hypo -1 - If price opens above YVAH, it might drive up to test some uncharted territory. probable target 12250 / 12300 Hypo - 2 - If price opens inside YVA, it might swing for a while, might take support at YPOC or YVAL, and drive up to test 12250 / 12300 Hypo - 3 - If price opens below YVAL, and if price breaches the 12145 zone with momentum, it might test 12120 / 12100 levels. Side Notes: 1) NF closed at highs, breaking previous ATH (on 28th Nov - 12196.05). New ATH is 12200. Potential COD up. 2) Strong single prints formed between 12100 and 12150. 3) ViX crashed 6% and closed @ 12.52 4) high probability for a gap-up open 5) 17th Dec was kinda Trend day till H period and seems to be a P shape profile, which means many shorts were covered. 6) Price is bullish until 12145 is taken out with momentum.

17th Dec 2019

@9.00 AM NF Closed @ 12084.9 NF VAs VAH - 12126 POC - 12115 VAL - 12100 Hypo - 1 - If price opens below YVAL, below 12100 with momentum price might test 12020 / 12000 Hypo - 2 - If price opens inside YVA, it might do some balancing moves, if 12100 is broke, it might test 12020 zone and if 12150 is broke, it might test 12200 zone. Hypo - 3 - If price opens above YVAH and price knocks above 12160 region with momentum it might test 12190 / 12200. Side Notes: 1) NF price closed below IBL 2) 12130 / 12150 levels seems to be a resistance zone. Any open above this zone we might test higher levels. 3) ViX was up and holding at 1-2%. 

16th Dec 2019

@9.00 AM NF Closed at highs @ 12151.3  NF VAs VAH - 12144 POC - 12131 VAL - 12100 Hypo - 1 - If price opens above YVAH, it might come inside YVA take support at the PoC and drive up to test previous ATH at 12196.05 (as on 28th Nov). Hypo - 2 - If price opens inside YVA, it might do some balancing moves for a while and later it might break higher to test ATH or break down to test 12090 / 12080 levels. Hypo - 3 - If price opens below YVAL, if price breaks 12090 zone (strong support), it might drive down to test 12080 / 12060 levels. Side Notes: 1) Price closed at highs, potential COD up. 2) Vix Closed at 13.3. Vix is either flat or falling in the past two week 3) 13th Dec was kind of trend day after E period. It was also a perfect OTD up day. 4) ATH for NF is at 12196.05 (as on 28th Nov 2019)

13th Dec 2019

@9.00 AM NF Closed @ 12022.25. Scaled up and repaired the 12040 Anomaly. NF VAs VAH - 12022 POC - 11993 VAL - 11982 Hypo - 1 - If price opens above YVAH, it might drive up to test 12080 / 12100 levels or price might drive down and take support at 12000 levels and bounce to test 12100 levels. 12100 zone is important because this zone is where price scaled down. Hypo - 2 - If price opens inside YVA, it might do some balancing moves for a while. it might take support at 11980 (strong support zone) and bounce to test 12100 levels. Hypo - 3 - If price opens below YVAL, it might drive down and if 11960 levels breach with momentum, it might test 11910 levels. Side Notes: 1) After a NEUD, it was kind of slow trending day. we could have gone a swing long, but price did not test the VWAP zone for entry. 2) 12100 is a huge resistance zone. 3) 12040 Anomaly cleared.

12th Dec 2019

@9.00 AM NF closed @ 11942. Neutral Extreme up day and potential COD. NF VAs VAH - 11930 POC - 11907 VAL - 11896 Hypo - 1 - If price opens above YVAH, potential COD, price might drive up to test 12000 / 12020 / 12040. If price breaks 12050, it might test 12100 zone. Hypo - 2 - If price opens inside YVA, it might do balancing moves and break higher or lower later in the day. Hypo - 3 - If price opens below YVAL, it might test lower to test 11800 / 11780 levels. Side Notes: 1) NF closed strongly at highs, potential COD. 2) Fed interest rates unchanged. Bullish for Asian markets 3) Anomaly at 12040 might be tested today, if we gap-up open. 4) ViX closed at lows 5% down at 13.38

11th Dec 2019

@9.00 AM NF closed at 11902 VAH - 11956 POC - 11938 VAL - 11914 Hypo - 1 - If price opens below the YVAL, price might drive down to test 9th Dec low  11855. This zone is a huge support zone, price needs momentum to break below 11880 to test 11850 / 11840 level. Hypo - 2 - If price opens inside YVA, price might do some balancing moves, it might take support at 11900 (Y Volume PoC) and bounce to test 9th Dec price PoC 11980 level. 11960 zone seems to be a resistance zone, if sellers are more, price might drive down to test 11840. Hypo - 3 - If price opens above YVAH, price has to break Yesterday High (around 11970) to test 12040 zone. Side Note: 1) yesterday price was going down very slowly. not a good zone to short until 11880 is broken with momentum. 2) 12040 Anomaly still has not been cleared 3) today opening is important for deciding the trend. 4) ViX was up 5% for long then crashed to -6% at 3pm and closed Flat (14.29). from last week ViX is swinging up and...

10th Dec 2019

@9.00 AM NF closed @ 11966.7. Kind of Normal day. IB was big. small range extension. couldn't go much higher. NF VAs VAH - 11994 POC - 11977 VAL - 11944 Hypo -1 - if price opens above YVAH, it might test yesterday volume PoC (11967) take support there and drive up to test 12030 / 12050. Hypo - 2 - If price opens inside YVA, it might swing and do some balancing moves and later it might break higher or lower. Hypo -3 - If price opens below YVAL, we have to see how price reacts at 11930 region, if momentum creeps in, it might test yesterday low (11855) Side Note: 1) 11930 zone is important today for bulls to have upper hand. 2) price closed little above IBH 3) On Dec 6th there is an Anomaly at 12040 which has to be repaired. 

9th Dec 2019

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@9.00 AM NF closed @ 11955 NF VAs VAH - 12073 POC - 12003 VAL - 11984 Hypo - 1 - If price opens below YVAL, it might drive down to test 22nd Nov PoC 11910 zone. Price closed exactly at Volume PoC, if it opens above it, price might take support from the Volume PoC and bounce inside YVA. Hypo - 2 - If price opens inside YVA, between 12003 and 11980, it might drive down to test Y Volume PoC and bounce back to test 12040 / 12060. If price opens between 12073 and 12003, expect some balancing move, later it might break higher to test 12090 or break lower to test 11910 Hypo - 3 - If price opens above YVAH, it might drive up and test 12100 / 12120. Side Notes: 1) Dec 5th and Dec 6th IB is small 26 /28 points. Both the days price closed near lows. 2) 6th Dec seems to be almost down trend day. except for G period broke F period high. 3) ViX down by almost 5%. @ 13.64 4) The Zone where NF closed has some good support, if you see the 25th Nov profile, price drove up from 11920 ...

6th Dec 2019

@9.00 AM NF closed @ 12045 NF VAs VAH - 12104 POC - 12077 VAL - 12056 Hypo - 1 - If price opens below YVAL, price might drive down to test 12000 / 11980. Hypo - 2 - If price opens inside YVA, it might swing and do some balancing moves. might hit yesterday Volume PoC @ 12090 and crack to test 12020 / 12000 Hypo - 3 - If price opens above YVAH, it might drive down inside YVA and do some balancing moves. price unlikely to test 12120 / 12140 zones. Side Notes: 1) Finally ViX shot up and stayed above. closed at 14.31 (up by 7%) 2) Anomalies of Dec 4th haven't been repaired completely. 3)  Price closed below YVAL. 4) considering 5th Dec price auction, we can conclude 4th Dec Volume PoC denotes sellers were more. 5) No Bullish Hypos posted, even if price opens above YVAH, it might drive down to test Y PoCs.

5th Dec 2019

@9.00 AM NF Closed @ 12092.5. Closed at highs. Neutral Extreme Up Day. NF VAs VAH - 12060 POC - 12033 VAL - 12002 Hypo - 1 - If price opens above YVAH, price might drive higher to test 2nd Dec high 12140 / 12150. potential COD. Hypo - 2 - If price opens inside YVA, price might do some balancing moves before breaking either side. Hypo - 3 - If price opens below YVAL, price might test 11980. this zone seems to be a strong support zone, need momentum to break this zone to test 11910. Side Notes: 1) RBI Event day @ 11.45 AM 2) Dec 4th has Single prints between 12065 and 12075 3) Huge Volume PoC at closing highs. V PoC and Price PoC are far apart. Need to watch price auction today to see if it was buyers or sellers. @9.07 AM Pre-open - 12071.5 (+28) @9.15 AM Open above YVAH. Open exactly at yesterday Volume PoC. As of now low is 12082.35. Same as open. Lets see if this open is not breached on downside we will take the COD. Looking at 12100 CE next week expi...

4th Dec 2019

@9.00 AM NF closed @ 12050.7 NF VAs VAH - 12052 POC - 12017 VAL - 12004 Hypo - 1 - If price opens below YVAL and if price breaks 12000 zone, it might test 11910 (22nd Nov PoC) Hypo - 2 - If price opens inside YVA, balancing moves. If it breaks YVAL, price might test 11910 and if it breaks YVAH, price may test Yesterday high. Hypo - 3 - If price opens above YVAH, price might test 12100. Side Notes: 1) ViX was swinging up and down between 16 and 13. ViX closed @ 14.5 (+2.54%) 2) After 12050 zone is breached downward, price was not able to breach when it bounced from strong support zone (12010) 3) 5th Dec is RBI event day. Trade with small Qty. 4) Price closed exactly below YVAH, so 12050 - 12060 zone will be acting as resistance zone. @9.07 AM Pre-open @ 11969.95 (-24) @9.15 AM Open @ 12009.9. Open inside YVA. 12000 tested. Price tested yesterday's volume PoC and started falling down. @9.53 AM ViX up 8.5% @10.04 AM ViX flat again. up by 1% @3...

3rd Dec 2019

@9.00 AM NF closed @ 12091 NF VAs VAH - 12108 POC - 12091 VAL - 12078 Hypo - 1 - If price opens below YVAL, price might drive down to test 12020 / 12000. if momentum creeps in it might test 11910 (22nd Nov 2019) Hypo - 2 - If price opens inside YVA, between 12091 and 12078, expect balancing moves / choppiness before it starts to crack down. If price opens between 12108 and 12091, price might balance for a while. 12140 zone seems to be a huge resistance zone for price to go higher. it might test that zone again and crack down. Hypo - 3 - If price opens above YVAH, it might test 12120 / 12140 zone. Side Notes: 1)  The Zones to watch is 12140 and 12050 for further upside or downside. 2) 12050 - 12040 and 12020 - 12000 are strong single print zones which needs to breached with momentum. 3) 2nd Dec 2019 - ViX jumped 12% and cracked towards 2%. was strange. 4) More price auctions have to be seen to decide on the trend. @9.07 AM Pre-Open - 12067.65 (+19.45) @9.1...

2nd Dec 2019

@9.00 AM N.Spot VAs VAH - 12078 POC - 12048 VAL - 12020 Hypo 1 - If price opens below YVAL, there are some single prints between 12020 / 12000 which might act as support. If price drives down, it might test 22nd Nov PoC 11910 Hypo 2 - If price opens inside YVA, between 12040 and 12020, price might balance for a while and later it might drive down to test 12000 / 11980. if price opens between 12080 and 12050, balancing moves in the first half, it might touch 12080 / 12100 and start cracking in the second half to test 12000 and 11910 later. Hypo 3 - If price opens above VAH, it might drive up to test 29th Nov high or 12100 / 12120. Side Notes: 1) The profile shape formed on 29th Nov is a perfect "b" shape, which means long liquidation has started. 2) IB low has been broken after 4 trading days and price closed below 29th Nov IB. 3) 12080 / 12100 will now act as a strong resistance. 4) On 29th Nov, ViX traded at 5% down and later it went up by 1.5%. ViX clos...

29th Nov 2019

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@9.00 AM N.Spot VAs VAH - 12138 POC - 12125 VAL - 12114 Hypo 1 - if N.spot price opens above YVAH, price might drive up to test 12180/12200. Hypo 2 - if N.spot price opens inside YVA, first half might be balancing moves second half if price breaks 12140, it might test 12180 / 12200 Hypo 3 - if price opens below YVAL, price might test 12080 and if momentum comes in it might test 12040 zone Side Notes : 1) Rupee lost its strength yesterday 2) Today where price opens is important 3) ViX movement is also very important today 4) Today evening GDP numbers for Q2 will be released 5) All prices are Nifty spot prices due to new month open @9.08 AM Pre - Open - 12146(-4.95) @9.15 AM Open above VAH but went inside Y VA and now tested YVAL Taking support at Y VAL ViX @ 13.55 (3% down) If 12100 breaks with momentum, it might test 12060 But in parallel Vix should also spike up Yesterday IBL was very strong. So 12100 has to be broken with momentum. Do not sho...

28th Nov 2019

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@9.00 AM NF VAs VAH - 12108 POC - 12099 VAL - 12086 NF closed at highs @ 12123.8 Hypo - 1 - If price opens above YVAH and drives up, potential COD. If price breaches 26th Nov high (12137.6), price might test some untested areas like 12200 / 12220. Hypo - 2 - If price opens inside YVA, price might make balanced moves, might take support around 12070 / 12060 and bounce up to test Y high or 26th Nov high. Hypo - 3 - If price opens below YVAL, price might drive down, if price breaches 12060 with momentum, it might test 12020 / 12000. Side Note: 1) The 27th Nov VAs are within or inside of 26th Nov VAs 2) Small IB - 30.25 points 3) Price closed at highs, potential COD. 4) Today is monthly Expiry, stay in sidelines or trade in small qty. Respect Risk. 5) Range is small 50.85 pts @9.07 AM Pre-Open - 12132 (+31.75) @9.15 AM Open @ 12119.85 above VAH. price tested Y volume POC and rotating. ViX 5% down, trading around 14. @9.31 AM Enter at 12104 SL - 12095 ...

27th Nov 2019

@ 9.00 AM NF close @ 12098 NF VAs VAH - 12116 POC - 12087 VAL - 12070 Hypo - 1 - If price opens below YVAL, price might drive down. if price breaks 12020 - 12000 range with momentum, price might test 22nd Nov POC 11910 Hypo - 2 - If price opens inside YVA, between YVAH and POC, price might do balancing moves for a while and if it breaks YVAH, it might test 12130/12140. and if price opens between 12080 and 12070, price might test POC (as resistance) and might drive down to test 12020 / 12000 Hypo -3 - If price opens above YVAH, it might test Yhigh and if it breaches Y high, might test higher levels and form new ATH. Side Notes: 1) Even though 25th VAH is broken, price still closed above the YVAH and IBL. 2) Single prints between 12020 - 12000 has to be broken for more downside or to test 22nd Nov POC 11910 3) Today's price opening is important. @9.07 AM Pre-Open @ 12068.5 (+30.8) @9.15 AM open inside YVA - open @ 12098.55 Hypo 2 in process As of now ...

26th Nov 2019

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@9.00 AM NF closed @ 12102.75 NF VAs VAH -  12075 POC -  12022 VAL -  11961 Hypo - 1 - If Price opens above YVAH, price might drive up to test 12120. potential COD. Hypo - 2 - If price opens within YVA, between 12075 and 12040, it might test Y Volume POC and drive higher to test 12100 / 12130. Hypo - 3 - If price opens below YPOC (within YVA), expect balanced moves. price might move between 11980 and 12040. Side Notes: 1) From C period till close, lows were never breached. perfect trend day. closed at highs. Potential COD 2) ATH of NF is 12118 (as on 3rd June 2019), high probability for NF to breach last ATH and form a new ATH. 3) Lot of Single prints formed on 25th Nov (E, I periods) 4) Large range after many days (R- 189.4 Points) and IB - 74.8 Points 5) 21st Nov price dent at L (11980) has been repaired. 6) 12075 zone was taken out after lot of price struggle and closed above it. 7) No Bearish Hypos, since price is unlikely to gap down below ...

25th Nov 2019

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@9.00 AM NF VAs VAH - 11932   POC - 11912 VAL -  11890 NF Closed @ 11924.7 Hypo - 1 - If price opens above YVAH, price might drive up and test 12000 Hypo - 2 - If price opens inside YVA, between 11930 and 11910 - price might take support at YPOC and bounce later to test 12000. If price opens between 11910 and 11890, it might test YPOC and drive down to test 14th Nov POC - 11860 Hypo - 3 - If price opens below YVAL, price might drive down to test 11860. Side Notes: 1) After IB low broke (close to 11935), rest of the periods could not penetrate the IB low upside (see J,K periods) with momentum. so if price opens inside VA, price must breach 11935 with momentum for further upside 2) VIX is below 15, trade index with very low quantity 3) Any gap-up open and strong momentum, price might easily test 12000 and 12040, because on 22nd Nov price was holding between 11900 - 11880 strongly. @9.08 AM Pre - Open - 11922.45 (+8) - Flat Open @9.15 AM NF Open @ 1192...

22nd Nov 2019

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@9.00 AM NF close @ 11971.65 NF VAs VAH - 12015 POC - 12000 VAL - 11990 Hypo -1 - If NF opens below YVAL, it might drive down to test the price dent on 19th nov 11940/11930 Hypo - 2 - If NF opens inside YVA, expect balanced moves. Price Has to breach 12015 with momentum for further upside or it might break 11990 and test 11940 Hypo - 3 - If NF opens above VAH, price might test 12040 / 12050 Side Note: 1) 21st nov price closed exactly @ 19th Nov Volume Poc 2) Yesterday price could not breach 12015 (20th Nov volume poc), observe all the periods from B to K,L. Was swinging there and finally L period broke. 3) price closed at lows, potential COD down, let's see where we open. 4) moving forward, price breaching 12015 (YVAH) is very important for price to scale higher. So today's open is important. @9.08 AM Pre-Open - 11967.3 (-1.1) (Flat Pre-Open) @9.15 AM Open at 11973.6 below YVAL. wait for COD till 9.30. @9.31 AM Enter At 11952 SL 11980 Target 1...

21st Nov 2019

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@9.00 AM NF closed @ 12014 NF VAs VAH - 12055 POC - 12043 VAL - 12010 Hypo - 1 - if price opens above YVAH, need to breach 12070 (4th Jun POC) with momentum for further upmove. Price might test 12100 Hypo - 2 - if price opens inside YVA, expect balanced move. If breaks 12000, it might test 11960/11930 and if 12070 breaks it might test 12100/12120 Hypo - 3 - if prices opens below YVAL, it needs to break 12000 to test 11960/11930. Side Note:  1) today is weekly expiry any levels can be breached. 2) Yesterday Telcos and disinvestment news seems to be already priced in. 3) 11930 dent yet to be repaired. 4) Big IB range - 62.05 pts compared to last 4 days profile @9.08 AM Pre-Open - 12025.65 ( +26.55) Don't punt in BNF before 1.45pm. stay calm and watch the auction. @9.15 AM Open is 12007.35. Open exactly at VAL. And gone well within YVA. No paper trades today. @9.25 AM 12000 broke. First half is going to be boring. And price might auction within s...

20th Nov 2019

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@9.00 AM NF VAs VAH - 11980 POC - 11963 VAL - 11942 NF close @ 11985.8, closed at highs. Potential COD to watch. Hypo 1 - if price opens above YVAH and drives up, it might test 12020 / 12040. Hypo 2 - if price opens inside YVA (between 11960 - 11980), it might test YPOC (11960 - 11950) and bounce to test 12020/12040. Expect a balancing day and price slowly moving higher. Hypo 3 - if price opens below YVAL and drives down, price might test 11900/11890. Again have to watch how price reacts here, if breaches it will test 11860. Side Notes:  1) 19th Nov has the smallest IB - 28.95 points compared to last 4/5 days 2) price closed above all the last 3 day's IB highs. 3) on 19th Nov, from C period price consolidated between 11940 - 11985, psychologically it is making buyers very comfortable. 4) potential COD, wait until 9.30 but high chances for price to open inside VA and later test highs. But let us see where it opens. Still Jay not comfortable to go long until pr...

19th Nov 2019

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@9.00 AM NF VAs VAH -  11928 POC -  11910 VAL -  11903 Nov 15th - high Volume Poc is 11938 and Nov 14th - high volume poc - 11900. Need to break 11940-50 or 11900-11890 either side with high momentum If price breaks above 11960 and price reaches 12020 - need to see how price reacts here and enter swing shorts (remaining position) Hypo - 1 - If Price opens below YVAL , and if price breaches 11880. It might test 14th Nov poc (11850) Hypo - 2 - If open inside YVA, first half choppiness and second half might break either side Hypo - 3 - If open above YVAH, and if breaches 11960, it might test 12,000 @9.12 AM If Vix is below 15, do not trade index. The market is for scalpers. If Vix is between 15 and 18, trade index futures with small quantities and with options be very specific with your targets If Vix is above 18, trade with good quantities if you have strong conviction. @9.15 AM NF open @ 11918 Inside YVA, expect choppiness for sometime. ...

18th Nov 2019

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@9.00 AM What i see in the chart is, like Nov 14th, another day IB (A,B period) low was not breached. C period 12K breach was very short, couldn't sustain. I see the day for early shorts in the system. With Vix down, today might be a choppy balancing day. Let's see where price will open tomorrow. NF VAs VAH - 11975 POC - 11950 VAL - 11938 Hypo - 1 - open inside VA, balancing day. Later in the day might breah YVAH and test 12000 /120040 or might breach YVAL and test 11900 / 11860 Hypo - 2 - Open below YVAL, price might test 11900 / 11860 Hypo - 3 - open above YVAH, price might test 12000 / 12040 Side notes :  1) Nov 13th Poc and Vpoc are far apart, we waited for Nov 14 close - which closed higher (11900), so we can infer the volume PoC was buyers. 2) nov 14th and 15th - price did not breach IB low, we can infer buyers are little strong 3) my thought process is, from here price might be little slow and choppy and test 12040 taking out early intra shorters i...

15th Nov 2019

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@9.00 AM NF VAs VAH - 11885   POC - 11855 VAL -  11840 Hypo 1 - If Market opens above VAH (11884), it might drive up. Zones to watch is 11990 / 12000 Hypo - 2 Point to note : What i observed is after price reached 10/30 PoC and IB formed, A and B period low was never breached. So two hypos will be bullish to choppiness Hypo - 3 as usual bearish view but price should have momentum breach below 11840 to test 11800. @9.15AM Open @ 11913. Above YVAH Got rejected from 11940-11960 zone Let's wait until 9.45 today till A period completion @9.46 AM Enter @ 11942 SL - 11,910 Target - 11985 My conviction says it will test 11990 before any down move - intraday @10.05 AM Another 10 mins. If move does not happen exit 50% and hold rest with SL 11910 VIX is 4% down. I will say Nifty will move slowly towards 11990. Pro traders might short slowly for swing @10.15 AM - NF trading @ 11947 Let's hold all qty of paper trade and keep B period low as SL now...

14th Nov 2019

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@9.00 AM NF VAs VAH - 11941 VAL - 11910 POC - 11922 1) Pros, Big fund managers will not enter large quantities in a single day. They will accumulate in many days 2) Trade location plays an important role for the risk reward objective and swing trades 3) Expiry days - 90% of the time our views will not happen Hypo - 1 - If price opens below YVAL (11910), it will drive down to test 11840. if price breaches 11840 with momentum, price might test 11800. Hypo - 2 - if price opens inside YVA,  balance moves. Later in the day it might scale higher to test 12000 or it might crack and test 11840. Hypo - 3 - if price opens above YVAH, it will drive higher to reach 12000. @9.15 AM COD in formation. But there are some context to note. 1) expiry day 2) 30th Oct POC is very near @9.31 AM Paper Trade Enter - 11840 SL - 11890 Target - 11780 @10.00 AM Yesterday - the POC and volume POC are far apart, we need to see following day auction. If market closes at lo...

13th Nov 2019

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@9.00 AM Nifty Future VAs VAH - 11919 POC - 11911 VAL - 11881 Hypo - 1 - if market opens above YVAH, price will test 11990/12000 Hypo - 2 - if open below YPOC (within VA) first half will be choppiness, if 11880 breaks with momentum it will test 11860/11840 Hypo - 3 - if open below YVAL, 11880 market will test 11840. If 11840 breaks with momentum then 11800 might test @9.15 AM NF open @ 11919.95 above YVAH. Initial spike is happening taking support of YPOC. 1) Most of the POC Zones will act as support / Resistance, so when price nears to it, it is recommended to book profit. 2) If price moves higher, it is making traders to be comfortable to go long, pro traders use that to swing short until 12075 is taken out with momentum. @9.20 AM - 9.40 AM TCS, HDFC bank, Axis bank, ICICI is leading now Kotak and Indusind leading the pack It is not OTD, if price comes into YVAs Now almost all banks are down except Kotak N.spot is above YHigh comfortably If Nift...

8th Nov 2019

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@9.00 AM NF VAs VAH : 12032 VAL : 11978 POC : 12008 7th Nov was a neutral extreme up day Hypo - 1 - open above YVAH. Price will test 12080. Hypo - 2 - open inside VA. If holds 11980 it might bounce back to test 12040/12080. Hypo - 3 - lf open below YVAL, price will drive down as OD or OTD to test 11960, if breaks that it will test 11900. @9.15 AM Open inside value area. Expected gap down is here No business to do intra buy until 11980 is saved If 11980 holds hypo 2 will be in play To study and observe not to trade: Any bounce from here till 12060 will be made use to accumulate shorts. First probe zone in N.spot is 11900. Shorts invalid if NF breaches 12075 Since market opened inside value area. Today no paper trade. @10.00 AM As of now OAIR and Narrowest IB - 29 pts @3.30 PM NF Price closed @ lows 11940

7th Nov 2019

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@9.00 AM N.Future VAH - 12050 POC - 12000 VAL - 11935 N.Spot VAH - 12000 POC -  11965 VAL -  11900 @9.15AM Market Opened Within YVA. Flat Open. No Paper Trades. Expecting Open Auction In Range (OAIR) 6th Nov auction was bullish, price has not tested 6th Nov high so far (12049.9) Side Note: 1) N.Spot price opened yesterday's high 2) Always stick to yesterday's auction until something is not tested 3) If today market closes at days high. Next pull back we can go long @9.35 AM Yesterday's POC (12,000) has not been tested so far @9.50 AM BankNifty falling with momentum, Nifty approaching yesterday's POC. @3.26 PM Closing at near highs @ 12055.5 . If tomorrow opens outside VAH. It will be a COD.

6th Nov 2019

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@ 9:00 AM NF VAs VAH -  11970 POC -  11950 VAL -  11920 N.Spot VAH -  11940 POC -  11915 VAL -  11880 Hypo - 1 -  If n.future opens above YVAH (11970) and does not break YVAH. Price will drive higher and target will be 12040/12050 Hypo - 2 - if open inside VA, first half will be flattish, second half might be a trending price either 12040 or 11840 Hypo - 3 - if market opens below YVAL 11921 and drives down to test 11840. @9.15 AM Balanced open inside YVA. No Paper trades. Jay's Trade Summary: @9.25AM to 10.15AM - Paper trade: 11900PE @ 58 SL @44 Keep days high SL as 11950. Bull will attempt to buy until Y.low is breached 11901 Booked 11900PE @ 70 Total Profit Point : 12 Tip# If B period low breaches A period low with momentum . The paper trade will continue with same qty. If b period circles around cut qty and hold half Qty. @3.15PM - Price closed exactly at Today's Volume POC. 7th Nov Opening is Important.

5th Nov 2019

NF Closed @ 11918.05 @9.00 AM - VAs of NF VAH - 11970 POC - 11955 VAL - 11921 VAs of N.Spot VAH - 11940 POC - 11915 VAL - 11880 1) on 4th Nov both IBH and IBL was broken Hypo - 1 - If price opens below YVAL (11920), it might test 30th Oct POC - 11840 Hypo - 2 - If price opens above YVAH (11970), until price breaks 11970 with momentum, price might drive higher to test 12040 / 12050 Hypo - 3 - If open inside YVA, balancing moves @9.15 AM - Flat open on Spot and Future. More of OAIR (open Auction Inside Range) @10.15 AM - IB for Nov 4th and Nov 5th are the same #Tip : In the last 4 days of profile, if you see a big D consolidation formation, 70% chances for 5th day to give a big move either side. @3.15 PM - Failed normal Variation Day.

4th Nov 2019

NF Closed @ 11938.15 We closed near day's high. Potential COD. @9.00 AM NF Value Areas , VAH - 11925 POC - 11910 VAL - 11895 N.Spot VAH - 11900 POC - 11880 VAL - 11865 Hypo - 1 - If Price opens above YVAH, price might test 11970 /  11980 Zone. Bullish open drive. Hypo - 2 - If price opens inside YVA, expect balanced moves. Hypo - 3 - If price opens below 11900 (YVAL), price might test 11840. Volatility Shrinking. @9.15 AM - Open Above VAH. Do not Short @9.31AM - Paper trade at 9.31 due to prev day COD - @9.31 - Entry - 11990 (2 Lots) SL - 11948 Target 1 - 12045 (1 : 1.25) Target 2 - 12060 (1: 1.5) #Tip: If trading with two lots and if OD is not scaling as expected. Exit 1 lot out and keep 1 lot until the price breaks days low/days high ( with respect to OD up or OD down). Reference is end of B Period. (10.15 AM) @10.15 - Exit 1 lot at 11987 B Period Low - 11972 @11.52 - Exited 1 lot at 11948. @3.30 - Day was a neutral day.

11th Nov 2019

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11th Nov 2019 Value Areas of Nifty Future, VAH (Value Area High) - 12,021 POC (Point of Control) - 11,990 VAL (Value Area Low) - 11,970 Hypo 1 - If Market Gaps down below YVAL (11970), Continuation Open Drive(CoD) Down might take place since markets closed at days low on 8th Nov 2019. It might test the second probe zone 11860 / 11840. Hypo 2 - If Market opens inside VA, expect balanced moves (Open Auction).  Chances for open rejection reverse at the YPOC and drive down.  Hypo 3 - If Market gaps up above YVAH (12021), it might test 8th Nov High again (12070 / 12080) @9.07 AM - Pre-Open Nifty Spot @ 11879 (-29) @9.15 AM - Nifty Future open below YVAL @ 11,908 . COD expected. @9.30 AM - Nifty spot we above day's high, Nifty Future followed and went above day's high. Open Drive / Open Test Drive failed today. No Paper Trades. @10.15 AM - Open type was Open Rejection Reverse. Looks like Open Auction Outside Range. Might be a Range boun...