Daily market summary of NF and charts, data of NF & BNF -12Mar'25

Buying tail and short covering profile with dPOC skew at close in last session.Buyers got open higher and pushed above PDH but could not sustain and moved back to POC of last session quick.Such move means probe was marked for VAL and buying tail test.They gone for buying tail test in first session then bounced to dVAH and closed at dPOC.

Trend day turned into long liquidation day with poor low.

Selling tail ref for next session.As long as that holds odds to push down back into today profile to repair poor structure till VAL swipe in today's profile.

Last session was P and today was b with poor low and that view of large balance auction for NF roughly between 22650-22450-22300 is still on.

Swing short expected again to probe 22460/22385/22270 and probed today 22385..same negation 22650 still to look for 22450/22380/22270 again.

Check plan for trade hypos.

Charts and data :