8th Nov 2019

@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


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