Daily market summary of NF and charts, data of NF & BNF -19Jan'23

After moving out of 4days balance buyers had advantage at close with dPOC and poor high in last session. They needed gap/drive after such profile. NF failed to get such open and got lower open in tail zone below 18145 which was marked for weakness to get 18110/18075. NF made low till 18080 then spent entire day in IB range then closed at dVAL.

Normal day almost except few ticks above IBH and inside day too. Well managed day with gaussian profile which could lead to imbalance session next.

18160-18100 all day balance today..Balance rules apply..Stay beyond balance = trend else move to other end of balance and look for trend that side.

Last session had good volume buying tail which got accepted with value today = weakness.

Staying below 18100 looking for 18070/18035 if sustains more weakness towards 18010/ 17980/17940/17875. Not able to stay below 18100 could get 18160/18190-18215 if sustains more bullish.

Swing long view negated today and as discussed in comentary swing short opened up staying below 18220 for 18035/17940/17870 with negation of 18220.

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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