Daily market summary,plan charts and data of NF – 02Jun’26

Trend day down after outside day in last session and absence of buyers expected to get one more leg down towards 23350.We had a gap below this level then gone for gap close early in session. Not able to stay below 23360 and move above 23460 expected to get 23510 then 23550/23580 no rejection means 23640 expected. they got squeeze move to get these levels probed then pulled back and closed at dPOC.

Push below May low and bounced off higher with double disbn profile.

3IB day.

dPOC up in upper disbn and closed there. Buyers need to defend 23550 and get drive up or gap up and dont move below 23600 to stay higher in next session. Failing to stay higher and moving below 23550 could test extn handle and VAL zone if accepts then tail test odds.

Lot of inventory adjustment happened today which suggests swing wise max pullback to 23750/23830 and likely to resume downside back towards 23440/23330/23220/23040 in coming sessions. View negates above 23950.

For next session, not able to stay below 23570 and staying above 23620 could get 23650/23680 acceptance there could push to 23710/23740 reject else 23780/23820-23830 possible. If fails to stay above 23690 and moves below 23600 test of 23560-23550 bounce else weakness towards 23515/23480/23440 hold and more weakness below 23430 for 23395/23360/23330 if sustains spike to 23295/23260/23225.

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