22nd Nov 2019

@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 - 11910
Target 2 - 11890

@10.30 AM

Booked 50% @ 11929

@10.38 AM

TSL - 11955 for rest 50%

@11.29 AM

See ViX up by 5%. Will crack anytime fast.

@11.31 AM

Another 50% booked @ 11905. Total 47 points gain. Trade closed.

Traded in 28th Nov 12000 PE options

Entered at 97
Booked at 135.
Qty 300 (the 4 lots i am going to trade from dec)

This is what i will do , select ITM option strike and enter 50% at start of 9.31.00 and another 50% at 9.31.59 (for CODs) or 9.46 (for ODs) for intraday.

@11.37 AM

Brief: Price dent is complete
Need to see how price reacts in this zone. 11890-11900. Was a huge buying zone previously. Might have small bounce before reaching 11860

@11.45 AM

Might bounce a little now to 11920 / 11930 before another down move.

@1.00 PM

Odds of going up is a little higher,

I see most of them entered shorts now. Intra late shorters. Price is going to bounce

Guys don't short now might get trapped, I meant fresh positions. Momentum is not there.

@2.08 PM

Price we till 11930 and reversed.

@3.30 PM

NF closed @ 11913.




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