Daily market summary of NF and charts, data of NF & BNF -26Nov'24

NF had a gap up and FA top day last session. Buyers expected to accept above 24320 next to clear PDH and 24220 marked as support. They could not sustain above 24320 today and cleared 24220 by IB..Considered weak below that to get 24145 and they got probed that in first session then remained as b profile all day then closed at dPOC.

Selling tail and Long liquidation profile.

Inside day making 2days balance now. One more session of overlap possible as long as no acceptance below 24130 or above 24320.

Only weak hands of last session buyers got cleared today.Trend day of last week close buyers holding auction still.Need volume based push below 24130 then value to challenge them..Till then path of least resistance upside based on 2days balance structure.

Weekly strong res at 24200 accepting with value and swing wise upside obj now are 24320/24380-24410/24500/24630/24800 and swing support moves to 24020.Once clears above 24350 support moves to 24140.

Levels wise for next session, failing to stay below 24160 and moving above 24215 could get 24245-24260 bullish above that for 24290/24320 if sustains 24355/24385/24415-24430 then spike odds towards 24475-24490/24525/24560. If fails to stay above 24240 and moves below 24200 could get 24165/24140 and weak below 24130 for 24095/24050/24010 if sustains 23960/23920/23880-23860.

Charts and data :

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