27th Dec 2019

@ 9.00 AM

NF JAN CONTRACT Closed @ 12196.05

NF JAN CONTRACT VAs
VAH - 12271
POC - 12255
VAL - 12231

Hypo - 1 - If price opens below YVAL, it might drive down to test 12180 / 1270 zones. Potential COD.

Hypo - 2 - If price opens inside YVA, it might swing and do balancing moves. Later part, it might test 12255 zone and drive down to test 12180 / 12170 zone.

Hypo - 3 - If price opens inside YVA, between YVAH and YPOC, it might balance for a while and later it might drive down to test the single prints zone.

Side Notes:
1) NF closed at lows, Potential COD
2) Single prints formed at L period between 12230 - 12200
3) price closed on 26th Dec is an important zone, that is where market started to head higher. Single prints on 17th Dec and zone is 12145 - 12190
4) COD might fail today due to strong support zone.

@9.07 AM

Pre - Open - 12172.90 (+46.35)

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