18th Feb 2020

@ 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.

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