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

NF had spike down close with volume and expected to get follow through next towards 25150/25050. Overnight news triggered gap down and NF held gap and gone to probe all the way down even the extreme weekly obj 24750 today then bounced and closed at dPOC.

Gap down and selling tail day with heavy volume again.

Swing wise structure gone weak as its spike + gap + tail combo and large gap of Feb closed inside month.

For next session 24910 support and 25040 resistance. We could have balance inside this zone if we open inside value area or reject at these boundaries and move to other side then decide.

Above 25040 could get 25080/25120-25150 zone reject else could move to 25190/25240/25285/25320-25335 if sustains 25365/25395/25435.

If fails to stay above 25110 and back below 25040 means could get 25000/24955/24910 weak below that for 24865/24825/24790 bounce..

Below 24745 could get 24690/24650-24625 bounce else 24580/24530/24480.

Larger time frame structure suggests NF heading towards 24600/24300/24050/23600. Negation at 25600 for this view.

Chart and data :