dPOC skew higher into close in last session. If gaps up then expected to hold POC else value area repair expected. They got clean large gap but could not sustain open and gone for gap close quick then accepted below POC which lead to liquidation almost towards VAL then remained inside value area of last session mostly then closed at dPOC. Long liquidation profile with poor value area. dPOC skew down close after negating trend day POC and VWAP = weakness. Staying below 23720 l

NF had a large gap down and got ORR up then gone for closing gap and ended as trend day at highs. dPOC skew higher into close. Drive up or gap up and once done do not accept below POC is the view. If accepts then back to filling value area bias. Levels wise move above 23720 could get 23760/23805 and above 23810 could get 23850-23860/23890 if sustains 23935/23980/24030 odds. Not able to stay above 23760 and back below 23670 could get 23640/23610/23570-23560/23530-23520 bounce

23580 marked as support for today's session and staying below that move expected to get 23460/23360/23325 and weekly time frame marked 23360-23325 zone to get bounce. They had a gap and drive below 23520 and probed 23345 then bounced all day back higher to close gap then closed at upper disbn of the day. Short covering double disbn up day. Skewed upper disbn with dPOC up in upper disbn. Buyers job to defend 23600 and drive up or gap up and once done never accept below POC 236

FA Low + Neutral center + DD up day for NF on 14/05. Not accepting below 23650 expected balance between 23650-23700-23750-23780 and above 23810 marked for 23840/23890. this they did in IB with some balance then probe of 23850 then gone for balance again.Towards close gone for closing extn handle of prev session then closed below dVAL. 2nd day of one time frame up and 12/05 gap at 23850 closed. Extn handle of DD up day from 14/05 also closed and rejected from lower disbn upper

NF had a 3-1-3 profile in last session and got higher open with drive above VAH of 3-1-3 which could not hold and failed the drive accepting back in value area which pushed for VAL probe then left tail at low and gone for clean extn higher above IBH and PDH then closed at dPOC. Failed auction at low. Neutral center day. Double disbn up day with dPOC moved to upper disbn and closed above it. Job of buyers to overlap in upper disbn then seek for extn higher further. 4days of on

Gap down and trend day down in last session. 23520 marked as res. Not able to stay above this and moving below 23460 expected 23385 then 23345/23310 and NF done this quick at open to get 23320. Failing to stay below 23340 and back above 23420 expected 23520 which they did also quick failing open drive down then all day gone for quite a whipping balance then closed at dPOC. DP buying tail and selling tail with two way balanced profile. 3-1-3 profile. Sustain value area = trend

Neutral center day and closed inside 9days balance after failed extn with FA top on 07/05. Considered weakness. Below 24280 expected to test 24220 then 24160-24140 they moved to 24180 at open then later gone for tight balance and probed 24160 then closed at dPOC. Neutral center day. Another FA top. Buying tail and close at dPOC on low volume narrow range day. Weakness could continue staying below 24300 to test 24160-24140 if sustains 24090/24040/24010/23965-23950 bounce else

NF had a neutral extreme up day with spike up close in last session. 24420 marked as immediate support failing to hold expected weakness for a move till 24320 which was marked as next good support. NF failed to clear PDH and dropped below 24320 at open to have open auction which tagged 24320 then bounced sharp.After clearing PDH dropped back sharp in yday range then got good balance and closed at dPOC. Neutral center day. Failed extension above 9days balance and closed at dPO

Failed auction at low and Neutral extreme up close in last session. They got clean large gap but could not sustain gap and started coming down since open. Failing to stay above 24300 and back below 24250 expected to get 24210/24160/24120/24090 and they did this till mid session via trend day with a probe to 24060 then started failing the trend day by stopping one time frame down and clearing VWAP then started spiking till close and ended up at high. Neutral extreme up day. Sp

Long liquidation profile with secured ends in last session. 24140-24100 marked as support..They opened below 24100 and gone for open auction then lead to liquidation.23965 marked as downside obj below 24080 and they for that via IB swipe then failed to sustain and bounced to IBH then closed at highs. Failed auction at low. Neutral extreme up close with dPOC skew higher..Job of buyers next to get gap or defending 24050-24060 get drive up and stay higher next. Levels wise faili

NF had a gap up and got drive to 24380 and could not clear weekly res and all day fell back to weekly support 24100 left a tail and bounced and closed at dPOc. Long liquidation profile with secured ends. 24140-24100 support zone and 24220-24260 res zone tmw and if we open inside this zone then some balance odds and later stays above 24260 means 24300/24335/24370 if sustains PDH 24380 then 24420/24470 odds. Swing wise holding 24100 as support could move higher to 24300/24420/2

Short covering auction closing below dVAL on Wednesday for NF..24200 was initiative buyers zone. NF opened below this zone via gap on Thursday which lead to liquidation. Staying below 24130 expected 24055 then 23900 and they moved to 23850 then failing to stay below IBL pushed back higher to close gap then closed at high. Fat buying tail and FA at low for NF. Neutral extreme up day. Volume and inventory with buyers at close. 24000 support for them in next session. Levels wise

NF had neutral extreme down outside day. 24140 then 24210 marked as res. They got drive up clearing 24210 early in session. Marked move till 24390 upside and they moved till 24450 then late buyer got liquidation moving down to dVAL and closed below it. Short covering auction negated FA top from previous session. Today's initiative buyers zone 24200-24220 and 24285-24320 res from today supply..Could be messy in between this zone and whichever side gives up could get good move

Large selling tail and long liquidation profile in last session for NF. Staying above 23985 expected move to 24060/24120/24150-24170.they opened higher above 23985 in tail zone and moved to 24120 then pulled back to swipe IBL and still could not accept below 23985 then rallied back to close at highs. Inside day with value in large selling tail of Friday. Failed auction at low and neutral center day. Volume was decent and data backed up by buyers with auction incomplete at top

Short covering profile in last session and buyers needed to defend 24550..they opened below this and supply came in early..Below 24480 expected move towards 24445/24415 then 24380/24355/24325 marked down side and they did this entire move in IB itself then bounced and balanced all day then closed below dPOC. Selling tail. Lower value in last session buying tail clearing PDL. Weakness. Supply of today could control auction staying below 24470. Levels wise not able to stay abov

Supply had to stay below 24370 today else 24410-430/24470 expected then squeeze for 24530/24560/24600 marked upside.They had drive straight above 24370 today to get 24530/24560 quick then all day had tight balance to probe 24600 towards close then settled above dPOc. Short covering profile closing above dPOC. Large buying tail. Buyers next need to defend 24550 zone and look for drive higher or gap up.If this happens then upside is open for 24640-24650 if sustains 24685-24710/

NF had a gap up failed to hold and got drive down and failed to stay below POC.. then failed the drive and got clean range extn higher above PDH but post mid session met with liquidation and closed below dVAL. Short covering profile closed below dVAL.. Supply needs to stay below 24370 next session to get PDL swipe if sustains more downside odds towards 24230/24195-24180 then solid bounce else more weakness towards 24140-24120 again good zone to hold..If stays below 24120 then

NF had a open test drive up from PDL failure and moved up straight to close extn handle of previous DD session then spent all day in tight balance then closed at high. back to back outside days with with poor volume. Spike up close. Buyers need to hold above spike high or better get gap to start next course of auction. Failing to do so could rotate back to VAL zone and stays below that means liquidation to test tail at low and PDL zone. ref hypos in plan below for actionable

NF had a large gap down below 3days range and could not sustain below open range low and cleared IBH then gone for short covering and closed below dPOC. Double distribution short covering profile. Buyers need drive/gap above this DD else such skewed upper disbn could calls for filling between value area to repair poor value area. Levels wise, move above 23950 could get 23995/23040 reject else 24070/24120 and above 24140 if sustains 24180/24225 reject around else spike to 2428

Large gap and short covering day in last session.23920-23960 marked as support. They opened lower below this band then got drive up and later quickly failed drive and cleared this band which lead to PDL swipe. then all day they could not stay above this band and then made one more new low then closed at dPOC. 3-1-3 profile with tails at both ends and two way balance in between. Sustain value area = trend else move to other end of value area and look for extension that side. 3