21st Nov 2019

@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 small range. 11990 to 12040

@10.10 AM

Nifty - OAIR day. Price is going to swing here between 11990 to 12040.


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