Daily market summary,plan charts and data of NF – 01Apr’26

NF had a gap up and drive up today and drive got failed which lead to all day balance with downskew and closed below dVAL.

Supply into close.

Poor value area and 3-1-3 profile. Staying below VAL could be weakness for liquidation and not able to stay below VAL could go for value area fill.

Levels wise, 22900 res. Not able to clear this could drop back to 22820/22780 weak below that for 22745/22710/22665 bounce odds..If stays below 22650 then 22610/22565-22550 goes means spike down to 22510/22465.

Failing to stay below 22700 and back above 22780 could test 22820/22850 reject else 22890-22900 and staying above 22900 could get 22935/22985/23015. Squeeze above 23040 for 23090/23145/23210/23250 and once moves above 23040 should defend 22950 all day.

Chart and data :