Daily report

NF gone for inside day repairing last session imbalance zone between POC and VWAP then settled at dPOC. Short covering profile. Gap up/drive up means defend value area all session. Gap down means likely to get follow through down all session. Levels wise above 23350 could get 23390/23440 if accepts 23480/23540/23580/23640. Below 23250 could get 23210/23140-23125 if sustains 23050/23010-22995/23960/22910/22880/22820.

NF opened higher above PDH but failed to sustain and had a drive down to clear support 23450, probed all downside obj till 23225 then closed there. Large selling tail and outside day negating 3IB up day from last session. Structure is broken..After day of balance or straight NF likely to probe more downside towards 23050/22850 in coming sessions. Immediate resistance 23450 swing wise and 23650 sealed for Sep. For next session, staying below 23180 could get 23140-23125 bounce

NF had a large gap down but could not get follow though down after gap then gone for gap close then settled at higher quad. 3IB triple disbn up day closing at 3rd disbn. Since upmove happened via triple disbn on lower value day considering this auction as inventory adjustment move. this view negates if we get higher value day next. 5th day of one time frame down. 23450 support for next session if holds then overlap in upper disbn odds. If gets gap/drive up then could stay hig

NF filled spike zone of last session for most of session then later in last hr resolved down then settled at dVAL. 4th day of one time frame down with value in spike. Staying below 23450 could get 23420/23380-23365 bounce and below 23360 more weakness towards 23325/23290/23260/23225. Not able to stay below 23450 could bounce to 23490 balance later could get 23525/23560-23575 and above that could spike to 23610/23640-23660.. Chart and data :

NF had a 3rd day of gap down and after OAOR resolved down. 23590 was downside obj which got met in IB itself then all day balanced and towards close spiked down to close at low. Gap down and spike down close. 23575-23525 spike zone. Solid res 23620-23640 band. 3rd day of one time frame down. Staying below 23575 odds to fill spike zone and below 23515 could get 23475/23435 sharp bounce odds which clears 23545 means could test 23575/23610 reject else 23650-23660 odds. If stays

NF had a gap down today after LL auction in last session. Staying below 23850 marked for 23820/23790 bounce else 23750 expected. They gone for 23725 all day and closed at dVAL. Another low volume long liquidation session with gap remained open. Back to back gaps now. 23705 support and 23795 res 23760 pivot for next session. Whichever extreme fails to get follow through could push it back to pivot then other extreme. Above 23795 could get 23830/23860 pause later above that cou

NF had a gap down and below 23970 marked for 23940/23910/23885/23850. They gone for long liquidation auction to get 23855 to close final gap left from July then closed at low. Gap down and selling tail day. 23935-23945 res for next session to seek for overlap and skew down for value area overlap and staying below 23850 could get 23820/23790 bounce else more liquidation towards 23765-23750 possible and staying below 23740 could spike down to 23710/23680/23640-23625. If fails t

Inside day with selling tail. As long as no acceptance above VAH 24090 likely to fill value area and test 23990-23970 bounce later 24940 odds for next session. Below 23940 could get 23910/23885/23850/23820. Above 24100 could test 24130/24165-24180 reject odds. Anything above 24180 could push to 24220/24260. Weekly and monthly : Long liquidation week closed below dPOC. 24150 resistance 23940 support. Failing to stay above 24150 could test 24950 zone if comfortably accepts then

NF stopped 5days of one time frame down today with gap up. But could not sustain the gap and gone for all day downside skew to probe POC and then closed at low. Trend day down. Probable island profile from last session. Likely to have balance between 23950-24300 then decide. 24050 res for next session. If sustains 24090 reject else 24130/24165-24180 reject odds. Anything above 24180 could push to 24220/24260. Failing to stay above 24050 could fill between 24050-23970 weak bel

NF had a gap down and got a test at Jul VAL area then remained all day in balance to close at dVAH. Gap down and bell balanced profile. Likely to deliver imbalance auction next. 5th day of one time frame down. Another good volume session. 23970 support and 24050 res. Above 24050 could get 24090 reject else 24130/24165-24180 reject odds. Anything above 24180 could push to 24220/24260. Reject 24150 zone could drop to 24060/24020 or failing to stay above 24090 and back below 240

NF had open rej reverse down below 24220 support and cleared poor low and probed downside obj 24150 then bounce could not stay above res 24280 and came down to IBL again then got liquidation towards 24065 then closed below dPOC. Neutral extreme down. DD down day. 4th day of one time frame down. Good volume registered. 24150 res zone next. Failing to clear this could have overlap down session and below 24060 could get 24025/23995 bounce else 23960/23920/23880 odds. If fails to

NF opened below PDL after NE up close and gone for drive down then failed to stay below IBL and got squeeze in second session then closed below dPOC. Poor low and selling tail with poor value area. Failing to stay above 24280 could go for repairing poor value area and clear PDL.If accepts in selling tail then short covering odds. 3rd day of one time frame down. 24220 support and 24280 res. Above 24280 could get 24315/24350-24360 reject else above 24365 could get 24395/24425-2

NF gone for overlap session with swipe below PDL failed to follow through then settled at dPOC. Failed auction at top. Selling tail. Secured low. Neutral extreme up day. Advantage buyers at close with dPOC skew and inventory back up. Holding above 24320 and clearing 24365 could get 24395/24425-24440 later above 24450 could get 24480/24515/ if sustains 24545/24575 odds. Failing to stay above 24390 and back below 24320 could get 24290 weak below that for 24265-24250/24220 if su

Trend day down in last session. Below 24405 marked for 24310 bounce later 24280 expected. They got 24310 swipe during morning session then gone for grind and later got spike down close below 24280. Selling tail and long liquidation day. Staying below 24280 could get 24250/24220 bounce else 24180/24150-24135 odds. If fails to stay below 24220 and moves above 24290 then 24320/24350-24365 squeeze above that for 24395/24430-24450 possible. Above 24450 could get 24480/24515. Chart

NF held below 24225 res all day to get down side probe 24140 few times but could not extend down then got a squeeze into close then ended with spike at high. FA low. Neutral extreme up day. Spike up close. 24355-24400-24495 spike zone. Staying above 24490 bullish for 24525/24560/24600/24630-24650. Failing to stay above 24490 could fill back till 24420 hold else weak for 24380/24345/24310/24280. Charts and data :

We had a bell balance in last session and NF got gap above PDH but failed to sustain and started accepting in bell balance early in session. Failing to clear 24370 and back below 24300 marked for a move to 24270/24245/24220/24190. They gone for this all day today then closed below dPOC. Selling tail and long liquidation outside and double disbn down 3IB day. Extn singles likely to hold early in next session for overlap in lower disbn and clear PDL to get one more minor liquid

Narrow range normal day closed at dVAL. Inside day bell balanced profile. Above 24325 test 24350-24365 if clears 24375 then 24405/24440/24470 odds. Failing to clear 24370 and back below 24300 could get 24270/24245/24220/24190. Weekly and monthly : Lower value week and as per monthly and weekly profiles structure next week could go for filling between 24120-24200-24370. To start the week 24370 res and 24200 pivot and 24120 support. If rejects 24370 then drop to 24300/24220/241

Long liquidation profile with rare instance of 9days of one time frame down in last session but seen absorption at lows with ledge. If we get follow through higher above 24175 then upside marked for a move towards 24305/24340/24370. They got gap and range extn higher till 24350 then settled at VWAP. Gap up and buying tail. Failed trend day with selling tail. Stopped 9days of one time frame down. If fails to sustain in/above selling tail odds for overlap session next. Levels w

NF started the day below 3-1-3 profile and gone for drive down. Marked for 24105 below 24180 and they done it in IB then didnt go anywhere and stayed in tight range all day then closed at dPOC. Long liquidation profile. 9days of one time frame down which is rare instance. Ledge and solid absorption seen at lows today but could not get follow through higher all day..If they get follow through higher above 24175 then upside move possible next and not able to do so and clears 24

FA low from last session got cleared at open itself and then supply pushed down slow all day and kept NF lower then closed at dVAL.Below 24290 marked for 24260/24225 which they did today via slow day. 3-1-3 profile with tails at both ends. Not able to stay below 24190 could bounce and do overlap with a move till 24245 if sustains 24275/24305 reject else 24345/24380/24420 odds later stays above 24435 then 24470/24500/24525. If fails to stay above 24300 then drop to 24250/24225