Daily market summary of NF and charts, data of NF & BNF -13Feb'25

Neutral day in last session and first order of business today to look for move down holding 23165 to get 23075/22295 repair..At open 23165 could not sustain and gone down quick for 23075 swipe then bounced sharp and started accepting above 23165.Above 23195 hypo marked for a move till 23315 and they probed 23310 then came back to test morning tail and closed at dVAL.

Failed trend day..Expected two days of balance atleast and NF on the same now.

Selling tail and buying tail with poor value area is also kind of structure we get when we are looking for balance in immediate range..Sellers closed with dPOC skew down and likely to get follow through down next as low is weak today.Expiry saved it at close..And once gets down should hold POC else we could look for overlap in value area.If goes for overlap first then we could look for PDL swipe later..NF needs repair till 22995/22965 minimum.

Swing with 23240 res expected 23060/22965 and got almost 23060 today then gone to clear negation at 23240. We may now have balance inside 23325-22900 then trend could emerge.

Check plan for trade hypos.

Charts and data :

Notes :

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