Daily market summary of NF and charts, data of NF & BNF -12Jun'24

NF had Outside day + 3-1-3 profile in last session. Sustaining above 23360 marked for a move till 23450 which they get in morning drive then gone for tight balance.Later resolved lower to clear half of morning tail then closed at dPOC.

Range extension higher today above that weak high printed in last session but buyers could not hold the extension and allowed dPOC skew lower and closed there.

23415 resistance and 23345 support for next session.Whichever sustains could get directional move next session..Inside this zone could have balance and whipping moves.

Levels wise for next session, move above 23420 could get 23460/23490/23520 if sustains 23565-23580/23615/23640 possible.Not able to stay above 23450 could drop to 23415-23390 then should bounce else could get 23355-23340 and weak below that for 23310/23280 if sustains 23250/23225/23200 probe.

Charts and data :

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