5th Dec 2019

@9.00 AM

NF Closed @ 12092.5. Closed at highs. Neutral Extreme Up Day.

NF VAs

VAH - 12060
POC - 12033
VAL - 12002

Hypo - 1 - If price opens above YVAH, price might drive higher to test 2nd Dec high 12140 / 12150. potential COD.

Hypo - 2 - If price opens inside YVA, price might do some balancing moves before breaking either side.

Hypo - 3 - If price opens below YVAL, price might test 11980. this zone seems to be a strong support zone, need momentum to break this zone to test 11910.

Side Notes:
1) RBI Event day @ 11.45 AM
2) Dec 4th has Single prints between 12065 and 12075
3) Huge Volume PoC at closing highs. V PoC and Price PoC are far apart. Need to watch price auction today to see if it was buyers or sellers.

@9.07 AM

 Pre-open - 12071.5 (+28)

@9.15 AM

Open above YVAH. Open exactly at yesterday Volume PoC.

As of now low is 12082.35. Same as open.

Lets see if this open is not breached on downside we will take the COD.

Looking at 12100 CE next week expiry.

SL 12075.

@9.31 AM

Enter @ 59
SL 54
Target 80

@10.15 AM

Exited at 59.5 (Flat Exit).

If it wasn't an event day, we could have captured some good points.

24 points IB. small IB.




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