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

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.

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

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 neutral extreme day up, NF got higher open but could not sustain above PDH and gone down quick to clear VWAP of last session then stayed down all day to close at low. 4IB down bookish trend day with decent volume. Outside day negating FA from last session. Marked high and low of the week today. Immediate res for next session 25540 and solid res 25640-25660 and reversal level now on big time frame above 25875.As long as we stay below 25875 likely to probe 25200-25150/24

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

25950 was support after last session and they had open below it and had a drive down..Marked for move down till 25880 then expected bounce which they did after drive down..Later started accepting below 25880 and moved to 25820 then closed below dVAL. Bell balanced profile with spike down close. Staying below 25900 balance and skew down to get 25850/25825 bounce else 25780/25750 odds. Above 25900 could get 25940/25975/26005-26010/26040. Once accepts above 25940 support all ses

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 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

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

NF met with large gap of 1150 points today due to news flow and could not hold the higher open and dropped then gone for balance and closed at dVAL. Heavy 3x volume + large selling tail after a large gap up day with balanced profile. As not able to sustain higher open and leaving large selling tail, odds there for NF to fill half gap at least in coming sessions with probe down towards 25750/25680/25550 extreme case 25450 then could see bounce and balance. As long as staying b

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...

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