Nifty Ninjaa

NF Closed at 11632.25 NF MARCH CONTRACT VAs VAH - 11621 POC - 11579 VAL - 11565 BNF MARCH CONTRACT VAs VAH - 30195 POC - 30100 VAL - 30030 Hypo - 1 - If price opens below YVAL, it might drive down to test 11500 / 11480 zone. BNF became weak yesterday. There are some VPOCs from Oct around 11480 / 11450 zones, these might get tested if 11500 zone breaks with momentum. Hypo - 2 - If price opens inside YVA, it might balance between YVAH and YPOC, later if it breaks 11565 zone, it might drive down to test 11500 / 11480 levels. Side Notes: 1) No bullish hypos, world markets are bleeding due to COVID. 2) From Continuous contract, BNF can test 29th Oct Single prints that is between 29825 - 29620. This is the zone where 30th, 31st Oct 2019 and 3rd Feb 2020 price took support. Important zone to watch for price to bounce. If price breaks this level, it can test VPOC 29180 (25th Oct 2019) 3) Any break above 11580 zone, NF Mar contract can touch 11720 / 11730 zone. 4) ViX cool...

@ 9.00 AM NF Closed at 11834. OAIR. NF VAs VAH - 11868 POC - 11843 VAL - 11820 BNF VAs VAH - 30560 POC - 30495 VAL - 30430 Hypo - 1 - If price opens below YVAL, it might drive down to test 11750 zone. 4th Feb low and then bounce back to test YPOC.

@9.00 AM NF closed at 12080.75 NF VAs VAH - 12144 POC - 12126 VAL - 12101 BNF VAs VAH - 31090 POC - 30950 VAL - 30915 Hypo - 1 - If price opens below YVAL, it might drive down to test 12000 / 11980 zone. Hypo - 2 - If price opens inside YVA, it might do some balancing moves for a while and later if it breaks 12100 zone, it might drive down to test 12000 / 11980 levels. If 12140 level breaks, it might test 12200 levels Hypo -3 - If price opens above YVAH, it might drive up to test 12180 / 12200 levels.

NF Closed at 12148. Closed at highs. Neutral Extreme Up day. NF VAs VAH - 12129 POC - 12120 VAL - 12080 BNF VAs VAH - 30845 POC - 30775 VAL - 30720 Hypo - 1 - If price opens above YVAH, it might drive up to test 12170 zone and then head back towards YVA to correct the anomalies around 12080 zone. Hypo - 2 - If price opens inside YVA, it might balance around YPOC and YVAL, repair all the anomalies and later if 12080 breaks, it might test 12000 zone and if 12130 breaks it might test 12200 zone. Hypo - 3 - If price opens below YVAL, it might drive down to test 12000 / 11980. Side Notes: 1) NF is Neutral Extreme up day and potential COD. But BNF isn't supporting the upmove. Only Reliance is strong (RIL also potential COD) 2) ViX Closed around 14.02, was down 3% 3) First half NF might balance and later in the second half it might break either levels.

@ 9.00 AM NF Closed at 12079. NF VAs VAH - 12108 POC - 12077 VAL - 12062 BNF VAs VAH - 30845 POC - 30795 VAL - 30720 Hypo - 1 - If price opens inside YVA, it might touch YPOC and then drive up to test 12160 zone. If YPOC is broke with momentum, it might head down towards 12000 zone. Hypo -2 - If price opens above YVAH, it might drive up to test 12160 / 12170 zone Hypo -3 - If price opens below YVAL, it might drive down to test 12000 and if that zone breaks price can test 11920 zone (4th Feb VPOC) Side Notes: 1) Price couldn't break 12060 zone. But ViX spurted up by 5%. Closed around 14.42 2) RIL and BNF is weak, BNF might test 30600 / 30500 zone and down move might pause there. 3) 12000 / 11980 are some strong zones price might hold. If that is broke, it might move faster and test 11900 zone. 4) Today Price open is Important to decide the trend.

@ 9.00 AM NF Closed at 12132.5. ORR and Sort of Normal Variation day. NF VAs VAH - 12189 POC - 12168 VAL - 12110 BNF VAs VAH - 31155 POC - 31030 VAL - 30855 Hypo - 1 - If price opens inside YVA, between YVAH and YPOC, it might swing for a while and might touch Y volume POC and do some balancing moves. Stay within YVA. Hypo - 2 - Price opens below YVAL, if price has strong momentum, it might drive down to test 12060 / 12040 zone else it might snap back inside YVA and do some balancing moves. Hypo - 3 - Price opens above YVAH, it might drive up to test 12240 zone. Side Notes: 1) Huge volumes seen on 14th Feb compared to other previous days 2) BNF is super weak, BNF can find support around 30500 - 30600 levels (Single Ref) 3) ViX has not spiked up. closed around 13.62

@ 9.00 AM NF Closed at 12163.15. OAIR. NF VAs VAH - 12177 POC - 12162 VAL - 12152 BNF VAs VAH - 31370 POC - 31245 VAL - 31200 Hypo - 1 - If price opens above YVAH, it might take support at YVAH (and Y volume PoC) and drive up to test yesterday high 12200 / 12220 zone. If 12220 breaches with momentum, it might test 12280 zones. Hypo - 2 - If price opens inside YVA, it might do some balancing moves and later either side break of YVAH or YVAL will lead to 12220 or 12100 zone respectively. Hypo - 3 - If price open below YVAL, it might touch YPOC or YVAH and then drive down to test 12100 / 12080 zone. Side Notes: 1) Nifty was holding and downside was limited due to Reliance and SBIN. overall BNF was super weak. But ViX was negative 2% which means the current zone is not for shorting. 2) Nifty might touch 12280 zone before any strong down move. Look how ViX reacts at these region because this is a strong resistance zone. 3) ViX was down 1.5%, closed at 13.37 4) Selli...

@ 9.00AM. NF closed at 12226.85 NF VAs VAH - 12224 POC - 12221 VAL - 12209 BNF VAs VAH - 31580 POC - 31560 VAL - 31520 Hypo - 1 - if price opens inside YVA, it might take support between YPOC and YVAL and drive up to test 12270 / 12280 zone Hypo - 2 - if price opens above YVAH, it might test YPOC and then drive up to test 12280 zone. Hypo - 3 - If price opens below YVAL, it might drive down to test 12160 / 12140 zone. Side Notes: 1) Today is Weekly Expiry, levels might not work exactly. 2) Buying tail formed in last two days. NF can go up near 12300, breaching that level needs huge volume and momentum for further up move. 3) price might pause and consolidate at these levels. Any spike in ViX can be used to short near 12300 levels 4) ViX was trading down 2%. Closed around 13.62 5)  yesterday NF was supported by reliance, BNF was OA and IB was small (120 pts) compared to previous profiles. If any weakness is seen in BNF, stay cautious on NF longs.

@ 9.00 AM NF Closed at 12128 NF VAs VAH - 12177 POC - 12162 VAL - 12141 BNF VAs VAH - 31475 POC - 31450 VAL - 31390 Hypo - 1 - If price opens above YVAH, it might test YPOC and drive up to test 12200 / 12220 zone. Hypo - 2 - If price opens inside YVA, it might swing for a while and later if it breaks YVAH, it might test 12220 zone and if price breaks YVAL, it might test Ylow (12095 zone) Hypo - 3 - If price opens below YVAL, it might drive down to test 12095 zone. If that zone breaks with momentum, it might test 12000 zone. Side Notes: 1) Any price break at 12095 zone should be with momentum and increase in ViX 2) Some Heavy weights like RIL are strong short term, price might do slow auction and have some upsides 3) ViX was down 4%, closed at 13.88

@ 9.00 AM NF Closed at 12082.8. Pure OAIR. PPOC at 12099. NF VAs VAH - 12108 POC - 12099 VAL - 12081 BNF VAs VAH - 31270 POC - 31235 VAL - 31160 Hypo - 1 - If price opens below YVAL, it might drive down to test the singles between 12060 and 12030. If price not able to hold at the singles, it might test the 12000 zone. Hypo - 2 - If price opens inside YVA, it might swing between YPOC and YVAL, if it breaks YVAL, it might test 12030 / 12000 zone. if it breaks YVAH upside, it might test Y high (12130 / 12140 levels). Hypo 3 - If price opens above YVAH, it might test YPOC and then drive up to test 12130 / 12150 zones. Side Notes: 1) Volumes traded was less compared to last 4 days. ViX was  flat to positive. Closed flat at 13.75 2) Need ViX to increase for bigger down move. Price might test the singles till 12030 formed on 5th Feb, Only if price breaks with momentum it might test 12000 zone. 3) PPOC at 12099. We will have to watch closely how price reacts at this...

@9.00 AM NF Closed at highs @ 11966.7. Kinda Trend day with two TPOs (H,L) breaching previous TPO low. NF VAs VAH - 11976 POC - 11924 VAL - 11868 BNF VAs VAH - 30800 POC - 30705 VAL - 30545 Hypo - 1 - If price opens above YVAH, it might drive down initially towards YPOC, take support and then it might drive up to test 12025 / 12040 zone. Hypo - 2 - If price opens inside YVA, it might balance for a while between YVAH and YPOC, later it might drive up to test 12030 zone Hypo - 3 - If price opens below YVAL, it might drive down to test 11820 / 11800 zone. Side Notes: 1) Traded volumes were high and IBR was 82.5. The gap-up and price upmove was really strong. 2) ViX went down by almost 5%. Closed at 14.38

@9.00 AM NF Closed at 11710.15. OAIR day. NF VAs VAH - 11712 POC - 11685 VAL - 11657 BNF VAs VAH - 30050 POC - 29945 VAL - 29855 Hypo - 1 - if price opens above YVAH, it might drive up to test 11800 / 11820 zone Hypo - 2 - if price opens inside YVA, it might balance for a while and if it breaks YVAH with momentum it might test 11800 / 11820 zone Hypo - 3 - if price opens below YVAL, it might drive down to test 11600 / 11580 zone Side Notes: 1) Price consolidated inside range around 1st Feb single prints. ViX went down by 6%, closed around 15.78 2) Single prints around 11840 zone to be watched today.

@9.00 AM NF Closed at 11630. NF was down by 364 points (-3% down) NF VAs VAH - 12021 POC - 11970 VAL - 11807 BNF VAs VAH - 30990 POC - 30805 VAL - 30300 Hypo - 1 - If price opens inside YVA, it might take support at YVAL and drive up to test 11850 / 11890 zone (Singles between 11845 - 11885 - Need to clear with momentum for further up move) Hypo - 2 - If price opens below YVAL, between the single prints 11660 - 11700, it might consolidate there for a while, later if it is unable to cross the level with momentum, it might test 11625 / 11600 zone. Hypo - 3 - If price opens below YVAL around 11800 zone, it might drive up inside YVA and test the single prints and later it might drive down to test 1st Feb low (11620 zone) Side Notes: 1) Price was driving down very fast but ViX was around -3% to -7%. Closed at 16.84 2) The Range was 400 points, after initial price driving down till I period. J,K tried to clear the singles of I but failed. price weakness was seen. any u...