4th Dec 2019

@9.00 AM

NF closed @ 12050.7

NF VAs
VAH - 12052
POC - 12017
VAL - 12004

Hypo - 1 - If price opens below YVAL and if price breaks 12000 zone, it might test 11910 (22nd Nov PoC)

Hypo - 2 - If price opens inside YVA, balancing moves. If it breaks YVAL, price might test 11910 and if it breaks YVAH, price may test Yesterday high.

Hypo - 3 - If price opens above YVAH, price might test 12100.

Side Notes:
1) ViX was swinging up and down between 16 and 13. ViX closed @ 14.5 (+2.54%)
2) After 12050 zone is breached downward, price was not able to breach when it bounced from strong support zone (12010)
3) 5th Dec is RBI event day. Trade with small Qty.
4) Price closed exactly below YVAH, so 12050 - 12060 zone will be acting as resistance zone.

@9.07 AM

 Pre-open @ 11969.95 (-24)

@9.15 AM

 Open @ 12009.9. Open inside YVA.

12000 tested. Price tested yesterday's volume PoC and started falling down.

@9.53 AM

ViX up 8.5%

@10.04 AM

ViX flat again. up by 1%

@3.15 PM

ViX crushed again and price spiking up. Price hold 12000 / 11980 Zone.

Today if price close at highs, that will be our first NEUD in Index for potential swing setup tomorrow.


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