17th Feb 2020

@ 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

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