NF had a 5IB down day clearing last week low in last session.Auction was incomplete at low.21990-22020 marked as resistance to move down towards 21860 and any bounce expected from there to have overlap in last session lower balance via two way auction..NF could not sustain above 22020 all day and gone for 21860 swipe then traded all day in between via two way balance then closed at dVAH.
Barring minor swipe below IBL its clean normal day auction within IB range.
NF got secured low from important swing support zone..Buyers need to defend 22140 early in the session and look for range extension higher towards 22220/22245/22275 which could act as resistance and sustains means 22310/22350/22380/22420 possible.
Sellers need to accept below 22140 for 22110/22080-22060 then bounce possible for overlap in value area..If sustains 22040 then 22005-21995/21965 possible.If stays below 21950 then could move towards 21920/21890-21880/21840-21830.
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