NF had a spike down close and supply seen at close. They had a large gap open and stayed down in tight range to clear all downside obj marked till 24225 then had a clean extn down which cleared entire 2 weeks balance to probe till 23850 then closed at dPOC. Gap down. Failed auction at top. Stopped 5days of one time frame up. Neutral extrem down day. 5IB down day. dPOC down and closed there. 24040-24000 res band for next session. Holding below this odds to fill in lower balanc

NF closed as neutral extreme down day in last session and got another gap down and drive down open today with volume. No bounce from 23765 means expected 23675 then 23550 and they got this by mid session. Later got another clean extn down which lead to more liquidation till 23400 then closed with dPOC down. Gap down day. Trend day as well as 3IB down day almost. Lot of supply seen in tape today. As long as we stay below 23520 likely to stay weak. Levels wise, above 23520 coul

After FA top day NF got gap down today and gone for drive down. Below 24140 marked for a move towards 23950 then 23885/23850-23830 expected.They got 23885 then all day had a slow bounce and balance and towards closed tested 23850 and closed at low. Gap down and selling tail day and also FA top and neutral extreme down day with spike down close. Staying below 23890-23930 next session could get more liquidation downside towards 23810/23765 bounce else 23725/23675 odds and that

Almost a trend day with spike down close for NF on 27th..They had a gap down in last session and bounced with drive which got failed quick. Staying below 22495 marked for 22385/22290-22275. Open had whipped at 22495 then later after drive failure they had good balance and moved down till close in second session towards 22290 then closed below dPOC. Gap down and selling tail. Long liquidation day with spike down close. 22440 spike high. For next session 22420-22440 support and

NF got large gap down and moved down with tail then remained as long liquidation day to close at dVAL. Swing move pending obj at 22600 done today and below 22600 weekly obj were for 22500/22350/22200 and they tagged till 22500. Overnight market showing large gap up which likely to negates swing view for March. If we move above 23250 its done for now. No point discussing levels when such large gap is expected..Still as larger picture and view, staying above 22730 could get...

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 closed with weakness with 3-1-3 profile after a trend day. It got gap down below 3-1-3 profile and stayed with gap..Marked a move till 23435 if stays below 23640 then spike expected to get till 23290. they gone for this move even lower till 23160 then closed at dPOc. Gap down with selling tail. Double disbn trend day down. Heaviest volume day of Mar. Not able to accept in extn singles higher is for overlap and staying below PDL is weakness.. If fails to stay below PDL then

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

NF had a gap down open in last session and got a drive down with decent volume compared to previou sessions then all day held at lower quad of the day and ended with spike down close at low. Gap down drive down spike down close. 25550-25475 spike zone. In spike/below spike zone if price stays = weakness ; above spike high = could bounce into value area to test selling tail/gap. Levels wise, bullish above 25565 for 25595-25605/25635-25650 extreme case 25685 if sustains then sq

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

5th day of one time frame down with better volume day for NF on Thursday. Staying below spike considered weakness. Downside marked for...

Large selling tail and double disbn down day negating trend day for NF on expiry day with dPOC skew down close hence expected follow...

Large selling tail with long liquidation auction for NF on expiry day with poor/weak low. Probe was expected next towards 25320/25250....

Large gap down day after 3IB day for NF. Could not get follow through down after gap down and got short covering to get P profile then...

Large gap down day and gap remained wider despite closing at highs. Failed auction low. Neutral extreme up day. Heavy volume i,e, close...

NF had a clean gap down and gone for tail then all day stayed down. Double distribution down day with good volume. 6th day of one time...

Buyers had decent low in last session but had no inventory back up from buyers at close. Expected liquidation day if last session low...

Outside day and neutral day for NF in last session.Observation after two good outside days in the week was that tough to hold last week...

NF cleared 13/12 low in last session suggesting more downside towards 24075 and below. It got large gap down today and probed 23920 then...