26th Mar 2020 - Monthly Expiry!!

@9.00 AM

Trade Plan -
1) If open above YVAH and drives up. will keep day low as SL and go long for a target of 8590. (20th Mar VPOC), BNF was struggling to move above 18710 zone. if this shows momentum upside today, we can confidently go long
2) If open inside YVA, opens flat. will wait for IB formation and see how price is auctioning.

NF was highly bullish yesterday due to RIL. BNF was struggling as usual. Any indication in BNF auction will also force NF to move in the same direction or stay flat if RIL supports today.
ViX also got crushed yesterday after long time.
one thing to note is NF YPOC is at 7820, it did not shift higher. so any break of YVAH (8200 zone) which is also 23rd March high, price will test YPOC.
Opening is important today.

we might even head for a boring expiry to crush all the IVs in options. the premiums are way to higher in April and Liquidity is not that good.



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