Daily market summary of NF and charts, data of NF & BNF -12Sep'23

NF had a trend day closing at high in last session and observation was weekly second obj zone 20100+ gettable before going for any balance. They had a gap up above 20100 today then gone for quick liquidation.

It could not sustain the gap and gone for open drive down with good volume which closed gap quick then also moved into value of yday P profile which pulled it towards VAL for IB probe then bounced to remain in two way auction till close..

Normal day within IB range and 3-1-3 profile with bell balance and tails at both ends..Buyers and sellers both fought well all day within tails and closed below dPOC..Sellers got slight edge at close..Sustain value area = trend else move back to other end of value area and look for extension that side next.

8th day of one time frame up.Swing support remains at same 19920 as today's auction still got value higher and one time frame up is intact.

Levels wise for next session, not able to stay above 20090 and move below 20060 could get 20030-20020 and weak below 20010 for 19980-19965 if sustains 19930-19920 then should bounce else 19890-19875 possible.Not able to stay below 19990 and move above 20035 could get 20060/20090-20110 if sustains 20140-20150/20180-20195 possible.

Charts and data :

Detailed plan with references to carry forward, actionable trade hypos for next session, any importance nuance from the day and view based on weekly and monthly time frame are available to members in private blog.Above report is only part of it.

Notes :

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