Home

Short covering auction for NF in last session and left poor profile anomaly structure with weak low. To avoid repair buyers needed to push higher early. 26280 marked as support for next session. Considered weak below this for 26250/26210/26180 bounce else 26150/26125 expected. They started accepting below 26280 early in session and got slow drive repairing poor profile of last session first till 26180 then no demand showed up and got clean extn down towards 26125 and extended

3-1-3 profile of previous session got a partial fill then gone for some two way wide range whips in IB period then later got short covering day which then pulled back to VWAP and closed above dPOC. Short covering auction. Profile left anomaly structure. To avoid repair buyers need to push higher early and once done dont accept back in value area. Weak low as well as poor high. 26280 support for next session. As long as this holds, odds to balance and move higher to get 26375/

Below 26080 or above 26150 expected first session to move well today. They had a lower open from close just below 26080 but barely stayed down and got drive up to clear 26150..Above 26150 marked a move towards 26180/26210/26240-26250 which they got quick after IB..Failing to stay above 26210 and back below 26150 expected 26120/26090-26080 which they did in mid session then bounced and closed above dPOC. 3-1-3 profile with two way balanced profile with tails at both ends. Sust

Another long liquidation day in last session with value in large buying tail of 26/11 trend day considered weakness. Considered weak below 26180 for 26120 bounce else 26080 expected. They moved down via open drive with volume straight below 26080 26/11 low and moved till 26050 then had tight balance and towards close got squeeze and closed above dVAH. Second day of long liquidation day below outside day. Left weak and poor low. Shorts got clean squeeze at close. 26080-26150 c

Long liquidation day with strong selling tail with outside day auction for NF in last session. Sellers needed early push down and they had the same today with minor gap and closed gap but could not sustain inside range and gone for open rej reverse down move in IB. Below 26300 expected move down till 26220 then bounce and later expected 26180-26170. They got 26220 by end of IB then remained in narrow range all day to get 26180 in last hr then bounced and closed at dPOC. Anoth