Daily market summary of NF and charts, data of NF & BNF -23Oct'24

NF had a spike down close on Tuesday.Either reject from 24650 and move down or drive down below 24450 then bounce back to 24530/24650 expected next.They gone for move down below spike low till 24460 then bounced back to 24530/24650 then failed to stay higher and left FA top and gone for low 24455 then closed at dPOC.

Failed auction at top.

Neutral center day.

Sellers need to stay below 24540 all day else overlap odds.Auction incomplete at low.

Swing has probed next zone 24450.Now 24365/24250/24150 next and negation moves to 24700 from 24850.

Levels wise for next session, move above 24575 could get 24605/24635-24645 then sustains means 24680/24715/24750-24765.Not able to stay above 24530 and move below 24470 could get 24440/24415 if sustains could remain weak all session to get 24365/24315-24295/24255/24225.

Charts and data :

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.