Daily market summary of NF and charts, data of NF & BNF - 28Dec'23

NF had a spike close in last session.Staying in/above spike was for more upside towards 21740/21780/21820. NF held spike zone and pushed higher to get 21790 then closed at dVAH today.

4th day of one time frame up.

Value above spike = advantage buyers.

21820-21840 now becomes daily support.As long as this holds,skew is upside.Some good pullback possible below this band on swing towards 21755/21650/21600/21525. (All Jan F levels).

For next session, staying above 21955 could get 21985-21995 if accepts further above 22005 then 22035/22070/22110 probe possible.Failing to stay below 21880 and move above 21910 could get 21940-21950/21985-21995. Not able to stay above 21990 could go for overlap session with a drop to 21940/21910 and weak below that for 21880/21850/21820-21800. More weakness below 21785 for 21755/21720-21710.

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