5th Feb 2020

@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

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