top of page

Daily market summary of NF and charts, data of NF & BNF -20Dec'22

Writer's picture: RKRK

NF printed outside day in last session..Failing to get a move higher by buyers who had advantage at close, expected a move back to tail zone.NF had a open below spike zone and with open drive gone way lower below PDL..Spent enough time as b profile then spiked up to fill the tail and ends as neutral extreme day at high.


Neutral extreme up auction out of b profile into close.Buyes negated entire morning session volume from sellers with this neutral auction and next they need to bring value up.Else, all these buyers could be taken out.


Moved away from dPOC way higher. So, either pull value up or fall back to POC.


Buyers for next session have to defend two zones 18380 and rally higher or test 18330-18320 then push higher to bring value up..Once built value higher should stay higher to look for further move higher.

Higher volume session again.Data and auction out of b to get neutral extreme day suggests rally chances less and likely to have overlap and retest 18320/18260.Even goes for value higher in first session, expecting a retracement for this move in second session.


Swing short triggered at 18500 last session was marked for probe of 18405/18360/18220. It moved till 18235 then bounced..Negation moves to 18610 now and could add shorts back if NF bounces to 18500 zone to retest 18320/18250 if susains then 18150/18050. This higher volume sessions and last two days auction suggesting swing wise not yet done lower side.If moves higher from today’s profile likely to get one rej again around 18500 to retest zones mentioned above. View negates above 18610 which could bring in one time frame up market for rest of the month.


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 :

a) Check glossary page in website if any of the terms used in the post are not clear.


b) If images are not clear, click on them for enlarged view.

72 views0 comments

コメント


©2025 by greentickz.

bottom of page