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 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

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

NF got a large gap down but could not stay below open range then all day balanced in IB range with upper skew then spiked up but closed at lower quad of spike. Gap down. Secured low. Selling tail. Spike up with 45degree move away from POC. 24060-24200 spike zone. Staying in spike is for balance and above spike high bullish and staying below spike low is weakness. Volume heaviest for Mar and no data back up from buyers at close. They need to defend 24075 early in session else

After last session, observation was that swing wise structure gone weak as its spike + gap + tail combo and large gap of Feb closed inside month.Expected NF to get swing move down further towards 24600/24300/24050/23600. It has got another gap down clearing 24600 and moving till 24425 then bounced and closed at dVAH. Failed double disbn day. Gap down and gap remained open at close. Closed at dVAH. Buyers need to defend VAH at start of session then get drive up or gap up and s

NF had spike down close with volume and expected to get follow through next towards 25150/25050. Overnight news triggered gap down and NF held gap and gone to probe all the way down even the extreme weekly obj 24750 today then bounced and closed at dPOC. Gap down and selling tail day with heavy volume again. Swing wise structure gone weak as its spike + gap + tail combo and large gap of Feb closed inside month. For next session 24910 support and 25040 resistance. We could hav

3-1-3 profile in last session and 25610 marked as support goes means trending move expected. Below 25610 marked for 25520 then 25420. NF gone for this move via liquidation then bounced and closed at dPOC. Long liquidation day with selling tail. Sellers next need to defend 25630 and push lower below 25580 to get 25545/25515-25505 bounce else more weakness below 25490 for 25450-25435/25400-25380. Above 25630 could get 25670/25710 reject else could drag till 25750 and once moves

After 4IB down trend day NF could not stay below PDL in last session and bounced to clear VWAP then closed below dPOC. Failing to stay below 25410 and bounce above 25465 expected to get 25540 no rejection means marked for a move till 25660 which they did. Short covering profile with clean buying tail. Volume higher than previous 4IB down day. Buyers next need to stay above PDH and once done dont accept in value area..Failing to do so could fall back to VAL/buying tail then bo

NF opened lower below extn handle of last session today but could not sustain and bounced to clear PDH then turned into short covering profile closing at dPOC. Short covering day. Poor high. Buyers need to clear PDH early in session and once done defend POC and not able to do so could drop to VAL/Buying tail then bounce..Acceptance in buying tail with value means weakness. Levels wise above 25780 could get 25810/25840-25850 then later above 25875 could move to 25905/25930-259

NF had a spike down close in last session. 25450 marked as weekly support and intra levels wise not able to stay below 25420 and move above 25490 expected to test 25560 spike zone later staying above that considered bullish for 25605/25650/25685 then squeeze marked for 25720/25760. They got drive up after gap down and moved to 25560 quick then pulled back and later above that stayed as short covering profile all day then closed with spike up clearing PDH at 25725. Outside day

NF opened higher but could not sustain PDH and gone to VAL probe then all day gone to tight range grind mode then closed at dVAL. Very poor volume day just at 35L. 2 days of balance higher skew in 03/02 tail zone. Another session of overlap to skew higher odds staying above 25880. Levels wise , weak below 25950 to get 25925/25890-25880 bounce else 25840/25810/25780/25750. Or not able to stay above 26045 and back below 26010 probe is for 25980/25950. Failing to stay below 2592

Another slow tempo lower volume narrow range session. Above PDH expected 26035 which they did and closed at dVAL. Accepted with higher value in selling tail of 03/02 above 25960.Could lead to slow grind higher skew days now as long as staying above 25880. Not much of extn above today high and back below 25880 means back to filling downside at least till 25750 swing wise. For next session, not able to stay below 25925 and back above 25975 could get 26005/26035 and acceptance a

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

For the mega event expected NF to stay in two way balance between 25340-25530 then below 25340 expected move to 25170 else 25050 then below that spike expected to 24870 and weekly levels next below 24870 marked till 24760/24600. They held NF in two way balance between 25333-25524 in first session then event news flow pushed downside and cleared all weekly obj almost till 24600 then bounce failed to sustain above VWAP and came down for close at lower quad. Wide outside day. Ne

After dd up day with no inventory back up from buyers at close on Thursday, NF opened in last session at lower disbn of DD up day then all day spent below extn handle zone. Second session left clean tail at low to get IBH swipe then pulled back and closed at dVAH. Failed auction at low with buying tail and neutral day with 3-1-3 profile in last session. NF is poised well for wide two way balance for the event if no big impact announcement from budget session. Levels wise, 253

Buyers advantage at close in last session. They had a higher open but could not sustain and gone for two way balanced day inside IB range for more of session. 3-1-3 profile closing at dPOC after leaving tails at ends and balanced profile in between. 25420 immediate support to look for drive up moving above 25490 to get 25520/25550/25580 reject else 25635-25650 odds. Not able to clear/sustain above 25490 and move below 25420 could get 25380-25365 and solid support at 25360 aga

NF opened at extn singles then gone down quick to clear excess low from last week. Made new low below last week low then bounced but could not clear extn handle then all day had good two way balanced auction then closed with dPOC skew higher. Buyers advantage at close. They need to defend 25360 and get drive up or gap up and once done stay higher and dont accept back in value if happens then test of POC/VAL then decide. Levels wise, defending 25360 could bounce higher to...

NF had a double disbn liquidation day with spike down close in last session. Expected two way fill holding below 25370 and below 25215 marked for 25120 then a move till 24975. They defended 25215 at open and bounced with drive till 25330 then failed the drive and gone below 25215 which got liquidation straight to 24965 then bounced to clear IBH..Could not sustain above IBH and gone down then settled at dPOC. Neutral day. Failed auction at top. Large buying tail with volume. 3

Inside day and neutral center day for NF on 14th.Above 25760 expected move to 25850 then above 25860 marked for 25935/25975 rejection expected. They got open rej reverse up staying above to get till 25958 then rejected and cleared IBL then closed at dPOC. Another neutral center day. dPOC skew down and auction was incomplete at close. Staying below 25800 likely to clear PDL and move down. Levels wise, below 25720 could get 25690 25660/25625/25605-25595 bounce odds else...

3-1-3 profile for NF on 13/01. Opened in last session at VAL and attempt to stay below VAL in first session failed and it moved to other end of VAH then second session dropped to clear IBL then closed at dPOC. Inside day. Neutral center day. 25760 res for next session to test PDL and goes means liquidation. Above 25760 could get 25790/25835-25850 if stays above 25860 could get 25895/25925-25935/25975 reject else 26005-26020..Above 26030 squeeze to 26060/26100/26145. If fails