Daily market summary of NF and charts, data of NF & BNF -14Dec'22

NF printed double disbn trend up day in last session after stopping 07days of one time frame down auction.Considered bullish for 18810/18840.NF got a gap up today and failed around 18810 then all day gone for narrow range auction then closed below dVAL.

Gap up and higher value day with narrow range balanced profile.Could lead to imbalance in next session.

2nd day of one time frame up now after looking below last week low..Swiped above large 4IB down day high today.

No major commitment from data point today..Sustain value area = trend else overlap for next session.

Buyers need to accept above 18760 for 18790-18810/18840 and above..Failing to sustain above 18760 could close gap at 18715 if sustains 18680/18650 possible..Quite weak only below 18640 for 18600/18565/18520 else bounce back higher back into today's range possible.

Swing Long triggered above 18590 met next obj zone 18810 today.18600 same negation for swing long view.Obj remains open 18840/18910-18940 as long as we stay above 18600.

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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