2nd Dec 2019

@9.00 AM

N.Spot VAs
VAH - 12078
POC - 12048
VAL - 12020

Hypo 1 - If price opens below YVAL, there are some single prints between 12020 / 12000 which might act as support. If price drives down, it might test 22nd Nov PoC 11910

Hypo 2 - If price opens inside YVA, between 12040 and 12020, price might balance for a while and later it might drive down to test 12000 / 11980. if price opens between 12080 and 12050, balancing moves in the first half, it might touch 12080 / 12100 and start cracking in the second half to test 12000 and 11910 later.

Hypo 3 - If price opens above VAH, it might drive up to test 29th Nov high or 12100 / 12120.

Side Notes:

 1) The profile shape formed on 29th Nov is a perfect "b" shape, which means long liquidation has started.
2) IB low has been broken after 4 trading days and price closed below 29th Nov IB.
3) 12080 / 12100 will now act as a strong resistance.
4) On 29th Nov, ViX traded at 5% down and later it went up by 1.5%. ViX closed Flat at 13.9
5) All the above mentioned prices are Nifty Spot Values
6) On 26th Nov, When market cracked down during K period, it took exact support from 12020 / 12000, so this region has to break decisively.
7) Price might balance between 12100 and 12000 for a while, if ViX stays flat.

@9.07 AM

 Seems to be a gap-up open.

Pre - Open @12137 (+81)

@9.15 AM

 33 point gap-up open in NF.

N.Spot gap-up open and went inside YVA.

N.Spot low is 12063.75

No Trade today.

@9.20 AM

Initial spike or gap-up open is to lure buyers in. Long Liquidation started. Do not go long until 12100 is broken on upside. N.Spot Price.

@9.30 AM

ViX 4% up. With the zone we are in, we can crack anytime down.

ViX flat again.

@9.45 AM

Price not able to drive up. Do not go Long guys. Hovering around 12100 - N.Spot.

@10.00 AM

Seems like OAIR day. if price breaks YPOC, it will crack easily to test 12020 Zone. DO NOT GO LONG.

@2.00 PM

ViX 12% up - Something strange.

@2.15PM

ViX Back to 2% - Strange moves. 


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