Daily market summary,plan charts and data of NF -02Jun’25

NF Closed at dVAL with weakness in last session. Not able to scale above 24900 and staying below 24850 expected to get down move till 24650. They had a quick drive down with volume to get 24610 after gap down then all day bounced to close gap then test last session value area and met with exhaustion then closed at dVAH.

Short covering profile after gap down with lower value. Left exhaustion top and poor value area..Unless gets drive up/gap up likely to repair down today value area for next session.

Above 24870 we get squeeze towards 24920/24960 decide there. Not able to do so fall back to 24760 goes means 24720/24680/24640 then decide there in next session.

Chart and data :