12th Feb 2020

@ 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

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