Daily market summary of NF and charts, data of NF & BNF -10Oct'24

NE down day with FA top in last session. Not able to stay above 25220 and below 25180 marked for 25150/25115-25095 and NF opened higher then got slow skew down at open till 25125 then bounced to clear 25220 to get 25270 but could not stay above IBH.Moved below 25180 and probed 25100 by end of the day then closed at dPOC.

Another failed auction at top.

Neutral center day with dPOC skew down and closed there.

Inside day.Odds for some volatility and imbalance session next as we got two days of lower balance and two days of higher balance and range likely to get merged.

Sellers job after such close with dPOC skew down today is to defend 25175 and sustain below 25110 early in which case could get 25080/25050/25015 bounce else 24985/24950.

Not able to stay below 25070 and back above 25130 could test 25165-25175 then squeeze for 25205/25240-25250 reject else 25295/25330-25350+ possible.

Swing negation same 25350 to look for 25015/24940/24850/24740/24665.

Charts and data :

Notes :

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