Daily market summary of NF and charts, data of NF & BNF - 15Jan'25

Inside day and neutral day in last session for NF.Buyers had a advantage at close hence expected them to accept in tail at top defending 23250 else VAL/PDL zone expected..They failed to accept in tail and gone below 23250 to get PDL zone during IB then bounced for new high which again could not sustain then back in value area lead to IBL swipe then closed at dPOC.

Failed auction at top today and this is straight 3rd day of FA extreme - 13th FA top / 14th lower FA and today FA top again. and we got clean 3days bell balance. max in a day or two this could resolve for good imbalance move.

Neutral day for third straight day. Indecisive from both buyers and sellers at close. Same 23250 ref for buyers to defend and move higher else overlap to skew down.FA of last session held today and becomes solid ref and goes means good liquidation odds.

Balance rules apply for next session - Sustain value area of balance = trend and dont get back into balance once moved away.If it does then move to other end of value area and look for trend that side. 23320-23275-23220 value for this 3days balance.

Swing short from 23725 probed till 23120 and balancing now. Negation moves to 23500 to look for 23125/23050/22940/22850.

Levels wise for next session, not able to stay below 23230 and back above 23275 could get 23295-23305 bullish above that for 23335/23360/23395 if sustains 23430-23450/23480/23510 odds. Not able to stay above 23360 and back below 23260 could get 23230-23220 weak below that for 23195/23165/23135-23125 bounce. Weak further below 23105 for 23080-23065/23030-23020.

Charts and data :

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