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

Long liquidation day for NF in last session. Above 25630 marked for 25710 then 25750/25795 and they got all this via drive early in session. Once moves above 25750 marked support all day at 25650 and that breaks means 25585 marked which they got in mid session then balanced in tight range and closed at dPOC. Failed auction at top. Neutral day with dPOC down and closed there. Sellers need to defend 25665 for next session. As long as we stay below 25665 could look for rotation

Short covering day with poor high in last session. failing to clear PDH early in session expected to fall back to vAL/test tail at low then bounce..They gone for VAL probe then got tight balance later got extn higher to clear poor high of PDH then closed at high. Failed auction at low. Neutral extreme up day. Late double disbn up with dPOC skew higher. Buyers again need drive/gap up for next session else balance odds between 25830-25770-25740 and weakness below 25740 for 2571

For Friday session staying below 25760 considered weak to get 25640/25580 and below. they probed below 25580 and bounced then closed at high. Failed auction at low. Neutral extreme up day with spike close. Auction was incomplete at high. Staying above 25680 bullish for next session to get 25790/25825/25860 reject.If accepts then 25895/25925/25960 more bullish above 25960 for 26010-26035/26080. Failing to stay higher above 25930 could drop to 25850 or failing to stay above 258

NF held at buying tail of last session and gone to POC of last session today then closed at highs. Failed auction at low. Neutral extreme up day with good volume but no inventory back up from buyers. Spike up close. 25075-25160 spike zone. Stay in/above spike zone = bullish and staying below spike is weakness. NF cleared immediate res 25050 today with spike and that zone becomes support for next session. As long as that holds, could test daily time frame strong res 25200 and

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

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

It was neutral center day with incomplete auction at close in last session and expected to clear PDL and move down next. Staying below 25720 marked down move towards 25595 then 25535/25490. They had gap down held gap and gone down to 25530 then got tight balance, then bounced to clear IBH failed to sustain then dropped to close at dPOC. 3rd day of neutral center close. Failed auction at low. Gap down and gap held into close. Balanced weekly profile resolved down as of now. St

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

Summary of the session > gap down and bounce back in value could not accept above POC and gone for neutral day with IBL swipe then closed at dPOC. Nuances from the day > Failed auction at top and neutral center day which repaired poor area of 31/12 profile. Auction bias for next session > 26300 sealed now. As long as not able to accept above this could have overlap auction and below 26185 could see liquidation and once done should not accept in value..If accepts then again ov

Another day NF locked between 26160-26260 support and res zone. It has left failed auction at top. Neutral extreme down day. Outside day. 26210 res for next session. Sellers staying below 26165 could test 26140/26115/26090-26080. Not able to stay below 26150 and back above 26180 could test 26210 reject else 26240-26250..Above 26260 could move to 26290/26320. Chart and data :

3-1-3 profile it was for NF in last session. It held at VAL zone at open and bounced to VAH but failed to extend higher then dropped back to VAL then cleared PDL and closed at low. Outside day. Neutral extreme down day. Failed auction at top. Staying below 25945 its weak for next session to get a move towards 25815/25775-25765 bounce later 25730-25710 odds and that goes means 25675/25645 possible. Not able to stay below 25815 and move above 25875 could get 25910/25945 reject

Clean trend day for NF in last session. Buyers job was to get drive/gap to get 26460/26510. They had a gap and after open auction moved to 26495 then failed to sustain above IBH and dropped. Not able to stay above 26440 and move below 26380 marked for 26340/26310 and they got 26320 then bounced and closed at dPOC. ATH print day. Neutral center auction with failed auction at top. Likely to go for filling in today profile tmw for most of session as long as holding 26340-26370 d

Failed auction top + neutral extreme down day in last session with spike close. Staying below 25960 marked for 25935/25890 then bounce expected. They got only till 25935 and bounced but could not clear clear 26040 res zone then moved down to clear IBL..Then all day slow drag higher again failed to clear 26040 and lead to drag down to IBL then spike down close at low. Third day of FA top + neutral extreme down day. Spike down close. Third day of one time frame down. Holding PD

Neutral extreme down day with failed auction at top in last session and high volume rollover zone 26140-26180 marked as res to have balance and skew lower towards 26045/26015/25990. They had a balance in first session holding PDL zone for good time as open auction in first session then got push down to get 26045 which made good low with quick bounce.But later could not sustain that good low 26045 which lead to spike down close at low. Another failed auction top + neutral extr

Triple disbn up day with volume for NF on Thursday.Considered weak below 26170 to get 26140 which was solid support from triple disbn auction and that goes means expected 26110/26075/26045. They got open test drive moving below 26170 straight to get PDL zone 26075 then bounced which just swiped IBH and came down again to get new low then closed at low. High vol triple disbn day got negated with another heavy volume day.Highest volume in 2-3 months got registered. Neutral extr

Outside day for NF on Thursday. Move below 25935 marked for 25865/25835-25815 and bounce expected. Open test drive up failed and got 25840 by end of IB then gone for whipping two way auction but stayed below IBH. Later got 25815 then got clean bounce to close at high. Failed auction at low. Context wise neutral extreme up day though IB high was marginally saved at close. Volume was highest in months which confirms FA low of this day could act as potential swing low. Last two

NF had a large gap and gone for balance till mid session then moved down to close gap then closed at low. Barring freak high, auction wise failed auction at top. 5th day of one time frame up. Neutral extreme down day with 45 degree move away from wide dPOC. Spike down close with 26002-25950 being spike zone. Stay in/below spike = weakness and acceptance of spike high calls for mean reversion value fill. 26010-26020 res to start the session. Not able to sustain above this coul

Gap down and selling tail with double disbn down day for NF in last session. Not able to stay below 24665 expected fill back between...

Failed auction at low and neutral center double disbn day it was for NF in last session. If stays below 25160 expected a move towards...