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%. 

Comments

Popular posts from this blog

30th Aug 2021 - Nifty / BankNifty Weekly Analysis

04th May 2020 - Weekly and Daily Analysis

10th Jan 2020