Home

For Friday session staying below 25760 considered weak to get 25640/25580 and below. they probed below 25580 and bounced then closed at high. Failed auction at low. Neutral extreme up day with spike close. Auction was incomplete at high. Staying above 25680 bullish for next session to get 25790/25825/25860 reject.If accepts then 25895/25925/25960 more bullish above 25960 for 26010-26035/26080. Failing to stay higher above 25930 could drop to 25850 or failing to stay above 258

After a short covering profile NF gone for long liquidation profile today. Very poor volume and range suggests more conviction of broader view that we are going for filling large gap zone for days. Long liquidation day. Odds were there for NF to fill half gap at least in coming sessions with probe down towards 25750 ( probed earlier ) /25680 (probed today) /25550 extreme case 25450 then could see bounce and balance. As long as staying below 25960 this is possible.Mostly this

After a wide range heavy volume day NF gone for sm cool off session today in terms of range and volume. Short covering profile with tail at low and top. Close was weak below dPOC. Holding value area low for next session odds to have overlap in value area and accepting below VAL could clear tail of today then look for liquidation more into gap zone of last session. Broader view same as mentioned in last report. Odds there for NF to fill half gap at least in coming sessions wit

NF met with large gap of 1150 points today due to news flow and could not hold the higher open and dropped then gone for balance and closed at dVAL. Heavy 3x volume + large selling tail after a large gap up day with balanced profile. As not able to sustain higher open and leaving large selling tail, odds there for NF to fill half gap at least in coming sessions with probe down towards 25750/25680/25550 extreme case 25450 then could see bounce and balance. As long as staying b

NF held at buying tail of last session and gone to POC of last session today then closed at highs. Failed auction at low. Neutral extreme up day with good volume but no inventory back up from buyers. Spike up close. 25075-25160 spike zone. Stay in/above spike zone = bullish and staying below spike is weakness. NF cleared immediate res 25050 today with spike and that zone becomes support for next session. As long as that holds, could test daily time frame strong res 25200 and