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

Till last session it was pullback after large sell off in Mar..But with gap above 23500 today, reversal happened. Large gap and tail then short covering day. 23920-23960 sealed now. As long as this holds, NF could have slow grind higher move towards 24225/24300/24390/24500/24600. This may either straight or with 2-3 days balance mode. Intra for next session above 24095 could get 24140/24180/24225 pullback later above 24235 could move to 24280-24290 pause if sustains 24335/243

NF closed with spike yday. NF opened lower and gone for test of lower disbn of yday then bounced test spike low 23025 halted and gone for all day balance below that then later got extn higher to close with another spike at high. Overlap inside day value area and ended with spike. Spike low 23115. Left poor value area and to avoid repair of that all day buyers need to defend 23080 else overlap in value area odds. 2nd day of one time frame up. Levels wise, staying above 23195 c

Failed auction at low and neutral day with very good volume on 24th. 23060 marked as good resistance. If sustains 23120/23180/23210/23250 rejection else more upside towards 23310/23365/23450 expected. they got drive up above 23060 and probed 23450 by mid session then pulled back and closed at dVAL. Large buying tail and short covering profile. Closed at dVAL after failing trend day with poor value area. Staying below VAL next could fill buying tail and failing to stay in tail

Short covering day and closed below dPOC with supply in last session. They got large gap down then stayed below gap in first session then resolved as long liquidation profile to print new low for March and closed at dVAL. Gap down and selling tail. Double disbn down day with good volume. Clearing Mar low quick after such pullback calls for next leg downside either straight down or a day or two balance then resolve down further. For next session 23200 resistance. Holding below

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