Daily market summary of NF and charts, data of NF & BNF -24Dec'24
- Green tickz
- Dec 25, 2024
- 1 min read
NF had a inside day on Monday with neutral center auction. Expected another overlap session and they gone for the same on Tuesday then closed at dPOC.
Back to back inside day now.
Poor value area from Monday got repaired but poor high top from that day remains as is and Tuesday also left poor value area hence odds for one more overlap session atleast for part of session next.
Supply seen at top of last session and pushed down to test dVAL zone and closed at dPOC..Auction looks incomplete at low.As long as no acceptance above 23840 in next session odds to repair value area and skew down auction bias.Staying above 23840 could lead to some squeeze.
Levels wise for next session failing to stay below 23685 and move above 23735 could get 23760-23770 above 23775 could get drive to 23800/23825-23840 further bullish above 23845 for 23880/23910/23950 if sustains 23990-24010/24050 possible. Not able to stay above 23900 and moving below 23860 could get 23820/23785-23770/23740/23715 weak below 23710 for 23685/23655/23630-23620 bounce else 23590/23550/23490-23470 and below odds.
Charts and data :



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