Bell balanced profile for NF on Thursdaty..Supply was there and no squeeze above 24060 expected a move towards 23820. They had sm whipping moves at open and margincally cleared 24060 but could not sustain and gone for 23820 and below then closed at low on Friday. Failed auction at top. Neutral extreme down double disbn day. Outside day. 3IB day. Spike down close - 23802-23711 spike zone. dPOC down at close. Sellers need to stay down holding below spike high and create value a

Double disbn down long liquidation day for NF on expiry day. NF had a open below PDL and got open test drive up then failed to sustain above IBH and slowly moved back to morning low then closed at dVAH. Bell balanced profile closed at dVAH. As said in closing commentary,supply seen in tape and they get squeeze above 24060. If they dont get squeeze then probe is towards 23820. As long as staying below 24980 they could get follow through down. Move below 23910 could get 23870/2

NF opened in spike zone and after a brief tick below spike low spent first session inside spike zone then later started accepting below spike low and gone for liquidation towards PDL then closed at dPOC. Poor high. Double disbn down long liquidation day. Spike of last session negated clean. dPOC skew close. Sellers need to stay below 24020 to get PDL 23950/23910 bounce else more weakness below 23910 for 23870/23840/23810-23800. Not able to stay below 23950 and move above 2402

Short covering profile closed at highest point of week and also at upper end of 9days balance by end of last week.they got gap up above weekly res 23850 and held the gap and moved to 23980/24100 weekly levels marked into close then closed at high. Gap up and drive up then spike up close session with poor volume though. Spike rules apply in next session. 24008-24120 spike zone. Failing to accept above/below spike zone = fill inside ; whichever side sustains could get push that

Long liquidation profile for NF on Thursday. Above 23720 expected to get 23805/23850/23890 they got 23850 then stayed in range and towards close got liquidation to test morning tail then bounced at closed at dPOC. Short covering profile closed at highest point of week and also at upper end of 9days balance. Buyers need drive or gap and once done defend 9days range to remain higher all day. Levels wise above 23810 could get 23850/23890/23935 pause later staying above that coul

dPOC skew higher into close in last session. If gaps up then expected to hold POC else value area repair expected. They got clean large gap but could not sustain open and gone for gap close quick then accepted below POC which lead to liquidation almost towards VAL then remained inside value area of last session mostly then closed at dPOC. Long liquidation profile with poor value area. dPOC skew down close after negating trend day POC and VWAP = weakness. Staying below 23720 l

NF had a large gap down and got ORR up then gone for closing gap and ended as trend day at highs. dPOC skew higher into close. Drive up or gap up and once done do not accept below POC is the view. If accepts then back to filling value area bias. Levels wise move above 23720 could get 23760/23805 and above 23810 could get 23850-23860/23890 if sustains 23935/23980/24030 odds. Not able to stay above 23760 and back below 23670 could get 23640/23610/23570-23560/23530-23520 bounce

Short covering double disbn up day with POC up in last session. they had a higher open pushed above PDH failed to hold and pulled back down in IB which could not stay below POC, then bounced again to get just IBH swipe..then all day gone for tight range low volume auction and closed with spike down at low. Failed auction at top., Neutral extreme down day. Spike down - 23576-23627-23670 spike zone. Staying in/below spike zone = weakness ; above spike high = squeeze. Levels wis

23580 marked as support for today's session and staying below that move expected to get 23460/23360/23325 and weekly time frame marked 23360-23325 zone to get bounce. They had a gap and drive below 23520 and probed 23345 then bounced all day back higher to close gap then closed at upper disbn of the day. Short covering double disbn up day. Skewed upper disbn with dPOC up in upper disbn. Buyers job to defend 23600 and drive up or gap up and once done never accept below POC 236

FA Low + Neutral center + DD up day for NF on 14/05. Not accepting below 23650 expected balance between 23650-23700-23750-23780 and above 23810 marked for 23840/23890. this they did in IB with some balance then probe of 23850 then gone for balance again.Towards close gone for closing extn handle of prev session then closed below dVAL. 2nd day of one time frame up and 12/05 gap at 23850 closed. Extn handle of DD up day from 14/05 also closed and rejected from lower disbn upper

NF had a 3-1-3 profile in last session and got higher open with drive above VAH of 3-1-3 which could not hold and failed the drive accepting back in value area which pushed for VAL probe then left tail at low and gone for clean extn higher above IBH and PDH then closed at dPOC. Failed auction at low. Neutral center day. Double disbn up day with dPOC moved to upper disbn and closed above it. Job of buyers to overlap in upper disbn then seek for extn higher further. 4days of on

Gap down and trend day down in last session. 23520 marked as res. Not able to stay above this and moving below 23460 expected 23385 then 23345/23310 and NF done this quick at open to get 23320. Failing to stay below 23340 and back above 23420 expected 23520 which they did also quick failing open drive down then all day gone for quite a whipping balance then closed at dPOC. DP buying tail and selling tail with two way balanced profile. 3-1-3 profile. Sustain value area = trend

NF closed as neutral extreme down day in last session and got another gap down and drive down open today with volume. No bounce from 23765 means expected 23675 then 23550 and they got this by mid session. Later got another clean extn down which lead to more liquidation till 23400 then closed with dPOC down. Gap down day. Trend day as well as 3IB down day almost. Lot of supply seen in tape today. As long as we stay below 23520 likely to stay weak. Levels wise, above 23520 coul

After FA top day NF got gap down today and gone for drive down. Below 24140 marked for a move towards 23950 then 23885/23850-23830 expected.They got 23885 then all day had a slow bounce and balance and towards closed tested 23850 and closed at low. Gap down and selling tail day and also FA top and neutral extreme down day with spike down close. Staying below 23890-23930 next session could get more liquidation downside towards 23810/23765 bounce else 23725/23675 odds and that

Neutral center day and closed inside 9days balance after failed extn with FA top on 07/05. Considered weakness. Below 24280 expected to test 24220 then 24160-24140 they moved to 24180 at open then later gone for tight balance and probed 24160 then closed at dPOC. Neutral center day. Another FA top. Buying tail and close at dPOC on low volume narrow range day. Weakness could continue staying below 24300 to test 24160-24140 if sustains 24090/24040/24010/23965-23950 bounce else

NF had a neutral extreme up day with spike up close in last session. 24420 marked as immediate support failing to hold expected weakness for a move till 24320 which was marked as next good support. NF failed to clear PDH and dropped below 24320 at open to have open auction which tagged 24320 then bounced sharp.After clearing PDH dropped back sharp in yday range then got good balance and closed at dPOC. Neutral center day. Failed extension above 9days balance and closed at dPO

Failed auction at low and Neutral extreme up close in last session. They got clean large gap but could not sustain gap and started coming down since open. Failing to stay above 24300 and back below 24250 expected to get 24210/24160/24120/24090 and they did this till mid session via trend day with a probe to 24060 then started failing the trend day by stopping one time frame down and clearing VWAP then started spiking till close and ended up at high. Neutral extreme up day. Sp

Long liquidation profile with secured ends in last session. 24140-24100 marked as support..They opened below 24100 and gone for open auction then lead to liquidation.23965 marked as downside obj below 24080 and they for that via IB swipe then failed to sustain and bounced to IBH then closed at highs. Failed auction at low. Neutral extreme up close with dPOC skew higher..Job of buyers next to get gap or defending 24050-24060 get drive up and stay higher next. Levels wise faili

NF had a gap up and got drive to 24380 and could not clear weekly res and all day fell back to weekly support 24100 left a tail and bounced and closed at dPOc. Long liquidation profile with secured ends. 24140-24100 support zone and 24220-24260 res zone tmw and if we open inside this zone then some balance odds and later stays above 24260 means 24300/24335/24370 if sustains PDH 24380 then 24420/24470 odds. Swing wise holding 24100 as support could move higher to 24300/24420/2

Short covering auction closing below dVAL on Wednesday for NF..24200 was initiative buyers zone. NF opened below this zone via gap on Thursday which lead to liquidation. Staying below 24130 expected 24055 then 23900 and they moved to 23850 then failing to stay below IBL pushed back higher to close gap then closed at high. Fat buying tail and FA at low for NF. Neutral extreme up day. Volume and inventory with buyers at close. 24000 support for them in next session. Levels wise