Daily report

NF had a large gap down below 3days range and could not sustain below open range low and cleared IBH then gone for short covering and closed below dPOC. Double distribution short covering profile. Buyers need drive/gap above this DD else such skewed upper disbn could calls for filling between value area to repair poor value area. Levels wise, move above 23950 could get 23995/23040 reject else 24070/24120 and above 24140 if sustains 24180/24225 reject around else spike to 2428

3-1-3 profile got follow through higher open on Friday. Considered bullish above 23910 for 24020/24060 then rejection expected and they gone for this move in IB above 23910 till 24080 then stayed in balance all day.Towards close got clean whip downside below VWAP then closed with new high. Short covering profile after 3-1-3. Unless we get drive/gap up, odds to have balance in 3days range again.No inventory back up from buyers at close despite closing at 3days range high. Aft

Large gap and short covering day in last session.23920-23960 marked as support. They opened lower below this band then got drive up and later quickly failed drive and cleared this band which lead to PDL swipe. then all day they could not stay above this band and then made one more new low then closed at dPOC. 3-1-3 profile with tails at both ends and two way balance in between. Sustain value area = trend else move to other end of value area and look for extension that side. 3

Till last session it was pullback after large sell off in Mar..But with gap above 23500 today, reversal happened. Large gap and tail then short covering day. 23920-23960 sealed now. As long as this holds, NF could have slow grind higher move towards 24225/24300/24390/24500/24600. This may either straight or with 2-3 days balance mode. Intra for next session above 24095 could get 24140/24180/24225 pullback later above 24235 could move to 24280-24290 pause if sustains 24335/243

NF had a supply into close on 01st Apr and got large gap down and OAOR move to swipe Mar low but could not sustain down then got short covering and squeeze to close gap.Closed at high with dPOC skew higher. Poor / weak low. Neutral extreme up day. Double disbn up day. Inventory wise no backup from buyers at close. So they need drive/gap else odds to overlap in upper disbn at test lower disbn then decide. Levels wise, 22720-22740 support holding and driving up could clear PDH

NF had a gap up and drive up today and drive got failed which lead to all day balance with downskew and closed below dVAL. Supply into close. Poor value area and 3-1-3 profile. Staying below VAL could be weakness for liquidation and not able to stay below VAL could go for value area fill. Levels wise, 22900 res. Not able to clear this could drop back to 22820/22780 weak below that for 22745/22710/22665 bounce odds..If stays below 22650 then 22610/22565-22550 goes means spike

Almost a trend day with spike down close for NF on 27th..They had a gap down in last session and bounced with drive which got failed quick. Staying below 22495 marked for 22385/22290-22275. Open had whipped at 22495 then later after drive failure they had good balance and moved down till close in second session towards 22290 then closed below dPOC. Gap down and selling tail. Long liquidation day with spike down close. 22440 spike high. For next session 22420-22440 support and

Large buying tail and short covering profile on 25th and below 23180 expected 23065 then below 23030 marked for a move till 22910 then liquidation towards 22810/22765. They started accepting in large buying tail then all day stayed down to get 22800 then closed at low. Almost a trend day closing with spike down and dPOC down at low.Weakness. Spike down close. 22875 spike high. Staying below 22875 odds for balance and staying below 22795 odds for more liquidation towards 22705

Failed auction at low and neutral day with very good volume on 24th. 23060 marked as good resistance. If sustains 23120/23180/23210/23250 rejection else more upside towards 23310/23365/23450 expected. they got drive up above 23060 and probed 23450 by mid session then pulled back and closed at dVAL. Large buying tail and short covering profile. Closed at dVAL after failing trend day with poor value area. Staying below VAL next could fill buying tail and failing to stay in tail

NF had a gap up open and started accepting in range of b and got test of VAH at 22620 then bounced all day and failed to close gap at 23069 then settled above dPOC. Failed auction at low and neutral day with very good volume.Swing support this low for buyers for rest of week. 23060 today high good resistance. If sustains 23120/23180/23210/23250 reject else more upside towards 23310/23365/23450 possible. Not able to clear this high next session or failing to stay above 23060 c

NF got large gap down and moved down with tail then remained as long liquidation day to close at dVAL. Swing move pending obj at 22600 done today and below 22600 weekly obj were for 22500/22350/22200 and they tagged till 22500. Overnight market showing large gap up which likely to negates swing view for March. If we move above 23250 its done for now. No point discussing levels when such large gap is expected..Still as larger picture and view, staying above 22730 could get...

Gap down and and Double disbn down day with good volume on 19th For NF. 23200 marked as res and above this expected to get 23310/23360-23370 reject else more upside expected..Once 23320 cleared then all day support marked at 23240 if comes down below that then move down expected till 23090/23050/23010. They had open drive up above 23200 and probed 23350 then whipped down till 23230 then made new high at 23370 then till close had skew down to get till 23070 then closed at dVAL

Short covering day and closed below dPOC with supply in last session. They got large gap down then stayed below gap in first session then resolved as long liquidation profile to print new low for March and closed at dVAL. Gap down and selling tail. Double disbn down day with good volume. Clearing Mar low quick after such pullback calls for next leg downside either straight down or a day or two balance then resolve down further. For next session 23200 resistance. Holding below

NF had another neutral day in last session. Above 23685 marked for squeeze towards 23730 then once get there with 23620 support expected further move towards 23780/23825/23865/23910. They got short covering move till 23875 then closed below dPOC. Low volume day comparing last few sessions. Short covering day and closed below dPOC. Supply seen at top pushing for such close. Swing res today high now. Levels wise for next session, moving above 23825 could get 23865/23910-23920 o

Failed auction at low+ DD neutral day for NF in last session.Opened higher and drive down could not accept below support 23360 and stayed higher all day till 23670 then closed at dPOC. Poor low. Another neutral day technically. dPOC skew up and closed there. Buyers need to have drive or gap up and once done should not accept below POC..If accepts then odds for repair of value area fill then clear poor low odds. Levels wise 23550 support and 23685 res for next session. Balance

NF had a double disbn trend day down. Failing to stay below 23165 and move above 23230 expected to get 23280/23320 rejection expected..They had open drive up to 23365 then failed and moved below 23165 quick. Probed downside till 23025 then bounced and balanced then had late extn upside to get a move till 23530 then closed at dVAH. Failed auction at low. Neutral day. Double disbn up day. Volume again heavy. 23360 support for next session. Holding this balance and drive higher

NF closed with weakness with 3-1-3 profile after a trend day. It got gap down below 3-1-3 profile and stayed with gap..Marked a move till 23435 if stays below 23640 then spike expected to get till 23290. they gone for this move even lower till 23160 then closed at dPOc. Gap down with selling tail. Double disbn trend day down. Heaviest volume day of Mar. Not able to accept in extn singles higher is for overlap and staying below PDL is weakness.. If fails to stay below PDL then

NF had a trend day down in last session with not much of supply. Expected balance. But it got gap down and could not sustain again the open range low then bounced all day to close the gap then dropped to dVAL and then settled at dPOC. 3-1-3 profile with balanced value and tails at both ends. Weak it is as it has appeared below trend day. Staying below VAL could trend down and not able to stay below VAL and accepting in value area could test VAH then decide more squeeze higher

Short covering day with dPOC skew higher and no back up inventory from buyers at close of last session. Not having drive up or gap up expected to move down to fill value area and test VAL zone if sustains then liquidation expected.Below 24350 expected 24260/24225/24150/24085/23995 and they have done this move fully today. Selling tail and clean trend day down closing at low. This close is lowest since 20-Apr'25. Not much of supply into close. So, unless sustained initiative s

NF opened higher today above spike high and pullback failed to stay in spike zone then all day remained higher then closed at highs. Short covering day. dPOC skew higher.Closed above dPOC again with no back up inventory from buyers. Not having drive up or gap up could move down to fill value area and test VAL zone if sustains then liquidation odds. 24350 support for next session. Holding this could test PDH and above 24420 could get 24460/24510/24570/24640. Below 24350 could