NF had a large gap down below 3days range and could not sustain below open range low and cleared IBH then gone for short covering and closed below dPOC. Double distribution short covering profile. Buyers need drive/gap above this DD else such skewed upper disbn could calls for filling between value area to repair poor value area. Levels wise, move above 23950 could get 23995/23040 reject else 24070/24120 and above 24140 if sustains 24180/24225 reject around else spike to 2428

3-1-3 profile got follow through higher open on Friday. Considered bullish above 23910 for 24020/24060 then rejection expected and they gone for this move in IB above 23910 till 24080 then stayed in balance all day.Towards close got clean whip downside below VWAP then closed with new high. Short covering profile after 3-1-3. Unless we get drive/gap up, odds to have balance in 3days range again.No inventory back up from buyers at close despite closing at 3days range high. Aft

Till last session it was pullback after large sell off in Mar..But with gap above 23500 today, reversal happened. Large gap and tail then short covering day. 23920-23960 sealed now. As long as this holds, NF could have slow grind higher move towards 24225/24300/24390/24500/24600. This may either straight or with 2-3 days balance mode. Intra for next session above 24095 could get 24140/24180/24225 pullback later above 24235 could move to 24280-24290 pause if sustains 24335/243

Failed auction at low and neutral day with very good volume on 24th. 23060 marked as good resistance. If sustains 23120/23180/23210/23250 rejection else more upside towards 23310/23365/23450 expected. they got drive up above 23060 and probed 23450 by mid session then pulled back and closed at dVAL. Large buying tail and short covering profile. Closed at dVAL after failing trend day with poor value area. Staying below VAL next could fill buying tail and failing to stay in tail

NF had another neutral day in last session. Above 23685 marked for squeeze towards 23730 then once get there with 23620 support expected further move towards 23780/23825/23865/23910. They got short covering move till 23875 then closed below dPOC. Low volume day comparing last few sessions. Short covering day and closed below dPOC. Supply seen at top pushing for such close. Swing res today high now. Levels wise for next session, moving above 23825 could get 23865/23910-23920 o

NF opened higher today above spike high and pullback failed to stay in spike zone then all day remained higher then closed at highs. Short covering day. dPOC skew higher.Closed above dPOC again with no back up inventory from buyers. Not having drive up or gap up could move down to fill value area and test VAL zone if sustains then liquidation odds. 24350 support for next session. Holding this could test PDH and above 24420 could get 24460/24510/24570/24640. Below 24350 could

After 4IB down trend day NF could not stay below PDL in last session and bounced to clear VWAP then closed below dPOC. Failing to stay below 25410 and bounce above 25465 expected to get 25540 no rejection means marked for a move till 25660 which they did. Short covering profile with clean buying tail. Volume higher than previous 4IB down day. Buyers next need to stay above PDH and once done dont accept in value area..Failing to do so could fall back to VAL/buying tail then bo

NF opened lower below extn handle of last session today but could not sustain and bounced to clear PDH then turned into short covering profile closing at dPOC. Short covering day. Poor high. Buyers need to clear PDH early in session and once done defend POC and not able to do so could drop to VAL/Buying tail then bounce..Acceptance in buying tail with value means weakness. Levels wise above 25780 could get 25810/25840-25850 then later above 25875 could move to 25905/25930-259

NF had a spike down close in last session. 25450 marked as weekly support and intra levels wise not able to stay below 25420 and move above 25490 expected to test 25560 spike zone later staying above that considered bullish for 25605/25650/25685 then squeeze marked for 25720/25760. They got drive up after gap down and moved to 25560 quick then pulled back and later above that stayed as short covering profile all day then closed with spike up clearing PDH at 25725. Outside day

After a NE day NF got a large gap and could not clear weekly res zone 25930-25960 and all day spent in narrow range and closed with dPOC skew. Failing to clear PDH/sustain above VAH next session could test PDL bounce else liquidation odds. Above PDH could get another slow grind higher day and once clears PDH POC becomes support next session. Levels wise weak below 25880 for 25850-25840 pause and later 25810/25780 bounce odds and if stays below 25780 then 25750/25720 extreme c

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 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...

NF opened above 3-1-3 balanced profile and had a open drive up. Marked bullish above 26340 for 26425 if sustains 26460/26495 expected. They tagged 26440 then gone for balance then closed with mini spike at 26480. TRend day turned into short covering day at close. Spike up close with 26450-26480 being spike zone.Stay in/above spike bullish and below spike low test VAL and buying tail bounce odds.If value in buying tail then PDL clearance odds next. Staying above 26480 for...

Back to back days buyers had inventory with them at close and they got large gap today and gone for tight range lower volume day holding gap all day. Gap up and buying tail. Short covering day. Auction incomplete at high. Holding 26160 odds to look for range extn higher towards 26235 pause then 26260-26280 probe. Tough to clear this zone straight and could pullback and balance. Later stays above 26280 means 26310-26320 if sustains spike to 26360-26375 odds. Not able to stay a

4th day of one time frame down with close at dPOC for NF on Thursday. Observation was that inventory wise buyers there in auction at close. Above 25980 squeeze expected to get 26010/26040 which they done quick at open till 26035 then gone for all day balance and ended at high at 26040. Short covering narrow range day stopped 4days of one time frame down. Buyers added more inventory in last session. As long as no acceptance below VAL odds to move higher. If stays below VAL or

Neutral extreme up day in last session. Below 26090 expected 26020/25985/25960 then bounce. They got drive down to 25987 then bounced all day then closed at dPOC. Short covering day. dPOC skew close higher. Buyers need gap/drive then defend POC else value overlap and test of buying tail. Not able to stay below 26090 could push higher to 26150/26180-26190 and later failing to stay higher and back below 26120 could test 26090 if sustains below that 26050/26025 odds..Comfortably

Neutral extreme down day in last session with FA top. Staying below 25945 considered weak to get a move towards 25815/25775-25765 then bounce expected. They gone for this move quick at open till 25805 then bounced and then it had wild two way auction for good time then later started accepting above IBH and ended with dPOC skew higher. Short covering profile. Same 25945 pivot for next session. As long as staying above this odds to get further move up towards 26040/26080-26090/

3-1-3 profile of previous session got a partial fill then gone for some two way wide range whips in IB period then later got short covering day which then pulled back to VWAP and closed above dPOC. Short covering auction. Profile left anomaly structure. To avoid repair buyers need to push higher early and once done dont accept back in value area. Weak low as well as poor high. 26280 support for next session. As long as this holds, odds to balance and move higher to get 26375/

Failed auction at low with neutral extreme up close for NF in last session.Directional move higher was bias next. Defending 25930 expected move higher next towards 26020/26050/26080. NF had open auction defending prev day range itself and moved to 26080 then closed above dPOC. Short covering day. dPOC skew and closed there. Buyers job to defend value area and move higher next. Failing to stay above PD range could go for overlap in value area and reject at VAL-PDL zone odds. L

NF had a gap up today after NE day. Above 25975 expected 26010/26040. It moved to 26020 then closed around dVAH. NF got fat tail top on short covering profile today due to some solid supply at higher quad. 26015/25965 ref for next session. Below 25965 could get 25940/25920-25905 and bounce else more weakness towards 25865/25835-25815/25785/25750. Not able to stay below 25910 could go for overlap session with a bounce back to 25950/25980/26015 and that accepts means squeeze hi