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.

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