NF had a bell balanced profile closing at dVAL on narrow range lower volume day in last session. Staying below 24170 expected to get 24070 then bounce expected..Below 24070 marked for 24035 then 23955/23920. They had a lower open probed 24070 and bounced then could not clear 24170 and got clean extn below 24070 then stayed down all day till 23920-23885 then got spike down close at low. 4IB double distribution down long liquidation day. Cleared last week low. Spike down close.

NF opened in spike zone and after a brief tick below spike low spent first session inside spike zone then later started accepting below spike low and gone for liquidation towards PDL then closed at dPOC. Poor high. Double disbn down long liquidation day. Spike of last session negated clean. dPOC skew close. Sellers need to stay below 24020 to get PDL 23950/23910 bounce else more weakness below 23910 for 23870/23840/23810-23800. Not able to stay below 23950 and move above 2402

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 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

If NF moves below PDL then expected another liquidation session and Friday they gone for this then closed at dPOC. Large selling tail and long liquidation profile. 3rd day of one time frame down. Sellers need to stay below VAH else could grind in selling tail and later moving below VAH could fill back value area. Levels wise above 23985 could get 24020/24060 pullback else 24120/24150-24170 reject else squeeze to 24210/24240 tough res to clear..If sustains 24265 then 24305/243

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

Large buying tail and short covering profile on 25th and below 23180 expected 23065 then below 23030 marked for a move till 22910 then liquidation towards 22810/22765. They started accepting in large buying tail then all day stayed down to get 22800 then closed at low. Almost a trend day closing with spike down and dPOC down at low.Weakness. Spike down close. 22875 spike high. Staying below 22875 odds for balance and staying below 22795 odds for more liquidation towards 22705

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...

NF had a failed DD day on Thursday and not holding 25520 expected to get liquidation till 25380. They got good volume based drive early in the day moving below 25520 and got 25400 then closed with spike down move till 25300. Long liquidation day with good selling tail.This tail is good swing res for next week. Volume day closed with spike down.Spike zone 25400-25285. Staying in spike/below spike = weakness ; accepting above spike could go for testing selling tail then decide.

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 a short covering profile NF gone for long liquidation profile today. Very poor volume and range suggests more conviction of broader view that we are going for filling large gap zone for days. Long liquidation day. Odds were there for NF to fill half gap at least in coming sessions with probe down towards 25750 ( probed earlier ) /25680 (probed today) /25550 extreme case 25450 then could see bounce and balance. As long as staying below 25960 this is possible.Mostly this

Long liquidation profile closed with rally above dVAH in last session. Buyers needed to get drive up holding VAH else overlap expected. They opened flat at LTP but could not sustain above VAH 25355 and first session gone for open auction tiring overlap into last session value area then got clean extn down then closed at dPOC. Minor weakness considered below 25340 for 25300 and major weakness marked below 25300 for 25215 bounce later 25180/25135 expected below 25215. They gone

Neutral day with heavy volume and good swing low in last session.Above 25330 expected 25395 then squeeze above 25400 marked for 25475 and that zone marked as solid res. They opened higher and got drive up above 25330 to get 25395/25475 then failed the drive and moved down to clear IBL then remained as long liquidation profile all session.Last hour seen good demand and short squeeze pushing higher to close above dVAH. Another heavy volume day almost same volume as last session

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

Long liquidation day for NF in last session with lot of good rollovers hence 26090-26120 marked as res for next session. Not able to stay above this band expected balance till 26020 then later below that marked for 25995/25965-950. NF had IB two way balance between 26030-26100 then moved down towards 25950 for close then settled at dPOC. Another long liquidation day with double print selling tail. Volume was good today. Settlement likely to take place below 26050. Immediate r

NF had FA top and NE down day auction on Thursday. Sellers staying below 26165 expected to get 26080. They opened below PDL and held lower all day to close gap from last week at 26045 then closed at dPOC. Long liquidation day. Lot of good rollovers happened on friday hence selling tail of Friday becomes good res. 26090-26120 res to start next session and 26020 support. We could look for balance inside this range. Below 26020 could get 25995/25965-25950.If sustains below 25940

Long liquidation day in last session. 25980 marked as res. They whipped this at open via drive then drive failed quick at open itself which pushed down till 25860 then ended up closing above dPOC. Another long liquidation day. 3rd day of one time frame down. Heavy poor low. Drive or gap could only clear this low else this low could act as launch pad for sm squeeze higher in next session. Such low is sign of heavy exhaustion hence get initiative move is context. If that happen

Short covering day with dPOC skew higher in last session. Buyers needed gap/drive and they didnt get that insteady opened lower in buying tail. Marked weak below 26020 for 25980-25965/25925. They gone for this entire move all day. Long liquidation day. Staying below 25980 could overlap and move down towards 25890-25880 bounce else more weakness to get 25850/25815 and further weakness if stays below 25805. Not able to stay below 25890 and back above 25935 could get 25965-25980

Another long liquidation day in last session with value in large buying tail of 26/11 trend day considered weakness. Considered weak below 26180 for 26120 bounce else 26080 expected. They moved down via open drive with volume straight below 26080 26/11 low and moved till 26050 then had tight balance and towards close got squeeze and closed above dVAH. Second day of long liquidation day below outside day. Left weak and poor low. Shorts got clean squeeze at close. 26080-26150 c

Long liquidation day with strong selling tail with outside day auction for NF in last session. Sellers needed early push down and they had the same today with minor gap and closed gap but could not sustain inside range and gone for open rej reverse down move in IB. Below 26300 expected move down till 26220 then bounce and later expected 26180-26170. They got 26220 by end of IB then remained in narrow range all day to get 26180 in last hr then bounced and closed at dPOC. Anoth