22nd Jan 2020

@9.00 AM

NF Closed at 12200.1. It was an pure Open Auction Outside Range (OAOR) day.

NF VAs
VAH - 12225
POC - 12206
VAL - 12200

Hypo - 1 - If price opens above YVAH, it might drive up to test 12320 / 12340 zone

Hypo - 2 - If price opens inside YVA, it might balance between YVAH and YPOC, it might take support at YVAL and drive up to test 12300 zone

Hypo - 3 - If price opens below YVAL, it might drive down to test 12120 zone.

Side Notes:
1) Even though it was OAOR, the volumes were still high.
2) NF might find support between 12200 and 12180, it might head higher (pullback)
3) ViX was around 2-3% up, closed at 15.86

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