Daily market summary of NF and charts, data of NF & BNF -14Oct'24

NF had long liquidation day in last session.Above 25125 marked bullish for a move till 25240-25250 which they done via quick open drive in IB then all day since IB till close remained in tight balance then closed above dPOC.

Short covering day and large buying tail.Buyers zone from this tail is 25135-25150 as long as this holds odds for moving higher above this SC profile.And this zone needs repair later in coming sessions.

Once moves away from this P profile should defend POC else overlap to test large tail odds.

Swing move negation at 25250 got cleared today.View on hold now for swing.

Levels for next session, not able to stay below 25200 could get 25245 bullish above that for 25270/25295-25310 pause later sustains means 25335-25350/25390/25440-25450. Not able to stay above 25290 and move below 25225 could get 25195-25180 weak below that for 25150-25135 if sustains 25105/25070-25055.

Charts and data :

Notes :

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