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

NF had a NE up day in last session. Considered weakness below 25830 for 25765 bounce later below that 25680 bounce expected. NF got higher open above PDH failed to hold and moved below 25830 quick then met 25760 and bounced and later came down below 25760 to get 25680-25660 bounced again to close at dPOC. Another good volume day. 3-1-3 profile with tails at ends and balanced profile between tails. Sustain value area = trend else move back to other end of value area and look f

Staying below 25875 expected weakness to continue to get 25750 and below 25725 marked a move for 25595 they got this in first session then bounced sharp and cleared IBH then closed at high. Failed auction at low with buying tail. Neutral extreme up day. Heavy volume day marks 25725-25700 good support and extreme case 25650-25625 could act as swing support for the week. 5th day of one time frame down. Spike up close and 25869-25899 spike zone. If we open flat then 25830-25875

After a 3IB down double disbn down trend day on Thursday marked 26030 as res. Staying below this expected 25925-25915 solid bounce else expected move till 25815 then 25750/25710. They held below 26030 to get 25935 bounce failed to clear 26030 then all day stayed down to get 25725 then got bounce in last hour to close at dPOC. Another 3IB down day. Double disbn down day. 4th day of one time frame down. 25875 res for next session. Not able to clear this could go for overlap and

Summary of auction from last two sessions : 05th was DD down trend day then today 06/01 was Long liquidation profile not able to accept back in upper disbn of last session and closed with dPOC down swiping PDL. Bullish hypo next > not able to stay below PDL and accepting in value could get VAH balance later test selling tail/ PDH zone then look for acceptance in upper disbn of 05/01 which translates to hypos as, failing to stay below 26250 and back above 26275 could get 26305

NF opened above 3-1-3 balanced profile and had a open drive up. Marked bullish above 26340 for 26425 if sustains 26460/26495 expected. They tagged 26440 then gone for balance then closed with mini spike at 26480. TRend day turned into short covering day at close. Spike up close with 26450-26480 being spike zone.Stay in/above spike bullish and below spike low test VAL and buying tail bounce odds.If value in buying tail then PDL clearance odds next. Staying above 26480 for...

NF had a open above PDH but could not sustain. Failing to stay above PDH and below 26290 expected test of 26265-26250 and that was marked as support zone for bounce. They tagged below 26265 and bounced it. Then all day remained between 26265-26325 PDH then closed at dPOC. 3-1-3 profile with bell balance and tails at ends. Buyers of last trend day defending still. As long as they defend 26250 odds to get skew higher next. If fails to stay below 26255 in next session and moves

Holding below 25980 expected PDL swipe to get 25905/25875 then bounce clearing 25945 expected to test 25980 today. They opened lower and got 25880 then bounced to test 25980 but could not accept which pushed for all day balance inside IB range then closed at dPOC. Almost a neutral day with balanced profile. Buyers need to defend VWAP of the day tmw and sustain above PDH for one way upmove..Once moved away from PDH should not accept in range if happens then overlap auction in

Gap up and short covering day with incomplete auction at high in last session.26160 marked as support and 26260 as res. They had a gap up but failed to hold and back into P value tested 26165 then bounced and rejected at 26260 then closed at dVAL. 3-1-3 profile with tails at ends and balanced value area. Sustain value area = trend else overlap in 2days value area and look for extn other side. Low volume day. 2days of value above gap now. 26160 support zone and 26260 same res

Back to back days buyers had inventory with them at close and they got large gap today and gone for tight range lower volume day holding gap all day. Gap up and buying tail. Short covering day. Auction incomplete at high. Holding 26160 odds to look for range extn higher towards 26235 pause then 26260-26280 probe. Tough to clear this zone straight and could pullback and balance. Later stays above 26280 means 26310-26320 if sustains spike to 26360-26375 odds. Not able to stay a

4th day of one time frame down with close at dPOC for NF on Thursday. Observation was that inventory wise buyers there in auction at close. Above 25980 squeeze expected to get 26010/26040 which they done quick at open till 26035 then gone for all day balance and ended at high at 26040. Short covering narrow range day stopped 4days of one time frame down. Buyers added more inventory in last session. As long as no acceptance below VAL odds to move higher. If stays below VAL or

Long liquidation day with heavy poor low in last session. 25850 marked as support. They cleared that at open. Below 25850 probe marked for 25825-25815/25775 they moved till 25800 then bounced higher. 25965-25980 marked for pullback but they completely reversed morning move from this zone to get PDL then closed at dPOC. 4th day of one time frame down. Inventory wise buyers there in auction at close today. DP tail top and clean buying tail low with poor value area. So, no accep

Neutral extreme up day in last session. Below 26090 expected 26020/25985/25960 then bounce. They got drive down to 25987 then bounced all day then closed at dPOC. Short covering day. dPOC skew close higher. Buyers need gap/drive then defend POC else value overlap and test of buying tail. Not able to stay below 26090 could push higher to 26150/26180-26190 and later failing to stay higher and back below 26120 could test 26090 if sustains below that 26050/26025 odds..Comfortably

NF had a gap up and gone for almost a gap close then bounced and closed at highs. Neutral extreme up day with 2 points gap. 26090 support for next session. Buyers holding this and scaling above PDH 26160 could move to 26200/26240 pullback else 26310/26375 odds. Weak below 26090 for 26020 bounce back to 26090 accepts means 26125/26160 then above scenario. Staying below 26020 could get 25985/25960 bounce else 25920/25880 odds. Weekly and monthly: Long liquidation week closed ab