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

Balanced weekly profile resolved down in last session with neutral day. Staying below below 25635 expected weakness to continue to test PDL then liquidation marked for a move till 25420. They had a open test drive down to clear PDL at open staying below 25600 and reached 25420 by second session.Below 25450 weekly view was for spike down to get 25330/25250 which they in last hr and then closed at low. Almost a 3IB down double disbn liquidation day with spike down close. 25370-

Inside day and neutral center day for NF on 14th.Above 25760 expected move to 25850 then above 25860 marked for 25935/25975 rejection expected. They got open rej reverse up staying above to get till 25958 then rejected and cleared IBL then closed at dPOC. Another neutral center day. dPOC skew down and auction was incomplete at close. Staying below 25800 likely to clear PDL and move down. Levels wise, below 25720 could get 25690 25660/25625/25605-25595 bounce odds else...

3-1-3 profile for NF on 13/01. Opened in last session at VAL and attempt to stay below VAL in first session failed and it moved to other end of VAH then second session dropped to clear IBL then closed at dPOC. Inside day. Neutral center day. 25760 res for next session to test PDL and goes means liquidation. Above 25760 could get 25790/25835-25850 if stays above 25860 could get 25895/25925-25935/25975 reject else 26005-26020..Above 26030 squeeze to 26060/26100/26145. If fails

NF had a NE up day in last session. Considered weakness below 25830 for 25765 bounce later below that 25680 bounce expected. NF got higher open above PDH failed to hold and moved below 25830 quick then met 25760 and bounced and later came down below 25760 to get 25680-25660 bounced again to close at dPOC. Another good volume day. 3-1-3 profile with tails at ends and balanced profile between tails. Sustain value area = trend else move back to other end of value area and look f

After a 3IB down double disbn down trend day on Thursday marked 26030 as res. Staying below this expected 25925-25915 solid bounce else expected move till 25815 then 25750/25710. They held below 26030 to get 25935 bounce failed to clear 26030 then all day stayed down to get 25725 then got bounce in last hour to close at dPOC. Another 3IB down day. Double disbn down day. 4th day of one time frame down. 25875 res for next session. Not able to clear this could go for overlap and

NF had failed auction and neutral center day in last session. Below 26185 expected 26150-26135 bounce then below 26135 marked a move towards 26040. they had a open downside bouncing from 26145 later below 26135 moved to 26040 and way below till 25965 then closed at low. High volume double disbn down trend day. Marks 26150 as good swing res going forward. Above 3IB down day. 3rd day of one time frame down. 26030 immediate res to start next session. Staying below this odds to g

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

NF had a open above PDH but could not sustain. Failing to stay above PDH and below 26290 expected test of 26265-26250 and that was marked as support zone for bounce. They tagged below 26265 and bounced it. Then all day remained between 26265-26325 PDH then closed at dPOC. 3-1-3 profile with bell balance and tails at ends. Buyers of last trend day defending still. As long as they defend 26250 odds to get skew higher next. If fails to stay below 26255 in next session and moves

Holding below 25980 expected PDL swipe to get 25905/25875 then bounce clearing 25945 expected to test 25980 today. They opened lower and got 25880 then bounced to test 25980 but could not accept which pushed for all day balance inside IB range then closed at dPOC. Almost a neutral day with balanced profile. Buyers need to defend VWAP of the day tmw and sustain above PDH for one way upmove..Once moved away from PDH should not accept in range if happens then overlap auction in