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

Failed auction at top and neutral extreme down day on Wednesday close and seen committed supply in tape with incomplete auction ast low. Considered weakness below 22690 for a move till 22440. Supply got a clean day to get a move till 22320 then gave up the pressure to allow a close above dPOC.

Failed trend day on high volume.

2026 low marginally saved. Good sign for temp bottom in place with tail and close above dPOC.

Two scenarios for next session a) balance between 22420-22560-22625 then look higher towards 22760 and decide or b) look higher above 22625 for PDH swipe fail then come down into value area. Either way as long as no acceptance below 22350-22400 band looking for balance to take place for next few sessions. If we stay below 22300 then more weakness.

Levels wise for next session , move above 22625 could get 22660/22700/22740/22780. If stays above 22790 then 22825/22860 odds. or not able to stay below 22420 and acceptance above 22470 could get 22520/22560/22600-22610.

Failing to stay above 22600 and back below 22550 could drop to 22520/22480/22430-22420 via two way auction extreme case test 22370-22360 bounce and mild weakness below 22360 for 22320/22280 solid weakness there for 22240-22225/22180.

Swing wise expected a probe towards 22575/22450/22350/22200 with negation at 22950. They got till 22350. Swing view closed as of now.

Weekly and monthly :

Weekly one time frame down continuing and Monthly opened below last month. To start the week 22300 support 22450 pivot and 22750-22800 res. We could fill inside this range. If clears 22800 then 22900/23040-23080 zone solid res to reject and push downside..Anything above 23080 could test 23200-23250 zone and this is monthly res zone. as of now not expecting to clear 23080/23200 for a week.

If we stay below 22300 then 22180/22040-21990/21850 probe odds.

Chart and data :