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Failed auction at low with neutral extreme up close for NF in last session.Directional move higher was bias next. Defending 25930 expected move higher next towards 26020/26050/26080. NF had open auction defending prev day range itself and moved to 26080 then closed above dPOC. Short covering day. dPOC skew and closed there. Buyers job to defend value area and move higher next. Failing to stay above PD range could go for overlap in value area and reject at VAL-PDL zone odds. L

Outside day for NF on Thursday. Move below 25935 marked for 25865/25835-25815 and bounce expected. Open test drive up failed and got 25840 by end of IB then gone for whipping two way auction but stayed below IBH. Later got 25815 then got clean bounce to close at high. Failed auction at low. Context wise neutral extreme up day though IB high was marginally saved at close. Volume was highest in months which confirms FA low of this day could act as potential swing low. Last two

NF got fat tail top with supply at top in last session. 26015/25965 markled as ref and below 25965 marked move till 25905 then bounce else more weakness expected..They got 25900 at open then bounced and cleared 26015..Squeeze expected above that towards 26075/26100. They got 26090 then failed to defend PDH/morning extn handle so got liquidation to test morning tail then closed below dPOC. Outside day. Upper disbn today again got supply. As long as NF not accepting above 26045

NF had a gap up today after NE day. Above 25975 expected 26010/26040. It moved to 26020 then closed around dVAH. NF got fat tail top on short covering profile today due to some solid supply at higher quad. 26015/25965 ref for next session. Below 25965 could get 25940/25920-25905 and bounce else more weakness towards 25865/25835-25815/25785/25750. Not able to stay below 25910 could go for overlap session with a bounce back to 25950/25980/26015 and that accepts means squeeze hi

Short covering profile after stopping 6days of one time frame down for NF in last session. Expected overlap between 25670-25735-25765 and considered trend below 25670 with 25710 as res to get 25625/25595/25565/25525. They got this move straight as drive at open and travelled till 25555 then bounced accepting in value area of last session. Above 25745 marked squeeze for 25770/25805/25840 and they got this move till close then closed at high. Outside day. Neutral extreme up day