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Selling tail with lower value in last session inside previous large buying tail.Considered weakness. They got gap down today. Bounced off right from gap down to mark IB higher then post IB traded all day inside morning IB range then closed below dPOC. Gap down. Normal day. Long liquidation session. Not able to sustain above 24250 likely to have overlap session next and staying below PDL could get another liquidation down. Levels wise, not able to stay above could rotate back

Short covering profile in last session and buyers needed to defend 24550..they opened below this and supply came in early..Below 24480 expected move towards 24445/24415 then 24380/24355/24325 marked down side and they did this entire move in IB itself then bounced and balanced all day then closed below dPOC. Selling tail. Lower value in last session buying tail clearing PDL. Weakness. Supply of today could control auction staying below 24470. Levels wise not able to stay abov

Supply had to stay below 24370 today else 24410-430/24470 expected then squeeze for 24530/24560/24600 marked upside.They had drive straight above 24370 today to get 24530/24560 quick then all day had tight balance to probe 24600 towards close then settled above dPOc. Short covering profile closing above dPOC. Large buying tail. Buyers next need to defend 24550 zone and look for drive higher or gap up.If this happens then upside is open for 24640-24650 if sustains 24685-24710/

NF had a gap up failed to hold and got drive down and failed to stay below POC.. then failed the drive and got clean range extn higher above PDH but post mid session met with liquidation and closed below dVAL. Short covering profile closed below dVAL.. Supply needs to stay below 24370 next session to get PDL swipe if sustains more downside odds towards 24230/24195-24180 then solid bounce else more weakness towards 24140-24120 again good zone to hold..If stays below 24120 then

NF had a open test drive up from PDL failure and moved up straight to close extn handle of previous DD session then spent all day in tight balance then closed at high. back to back outside days with with poor volume. Spike up close. Buyers need to hold above spike high or better get gap to start next course of auction. Failing to do so could rotate back to VAL zone and stays below that means liquidation to test tail at low and PDL zone. ref hypos in plan below for actionable