30th Apr 2020 - Weekly and Monthly Expiry!!

As Expected, NF broke 9530 zone and touched 9600 zone. Now major zone to break is 9610. If price breaks this zone, it might drive up to test 9870 zone.

NF VAs

VAH - 9537
POC - 9455
VAL - 9425

BNF VAs

VAH - 21054
POC - 20730
VAL - 20538

Hypo - 1 - If price opens above YVAH, it might drive up to test 9610 zone. If 9610 breaks with momentum, price might drive further up to test 9870 zone. (13th Marc VPOC).

Hypo - 2 - If price opens inside YVA, it might take support around 9505 zone and bounce to test 9610 and if 9610 breaks, 9850 / 9900 zone might be tested. If price breaks 9500 / 9480 level, it might drive down to test 9400 / 9380 zones.

Side Notes:
1) ViX moving towards 30 / 27 zone. it was down almost 5%, closed around 33.84
2) Note that, the 29th Apr Profile structure is poor.
3) Any break above 9610, can directly bring us 9850 / 9870 zone.
4) Both in NF and BNF a spike base is formed. in BNF above 21350, price can touch 21850 and 22000 zones.
5) Today is Weekly Expiry and Monthly Expiry, Levels might not work that well. Trade safe.




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