Daily market summary,plan charts and data of NF – 03Jun’26

3 IB double disbn up day in last session with dPOC skew higher..Staying below 23550 considered weak and more weakness expected below 23430 for 23330 then spike till 23225. They opened lower below 23550 and got drive below 23430 to get 23225 swipe then failed the drive and gone for IBH swipe into close and closed at IBH zone.

Neutral extreme up day with heavy volume and lot of inventory adjustment again happened today. Volatility likely to increase.

Quite poor structure profile. Buyers need to defend 23435 to repair upper disbn then staying above 23580 could get 23620/23650/23680/23710. Not staying above 23640 back below 23540 could get 23480 then test 23445-23435 bounce else 23400/23365 hold and bounce for repair and comfortably staying below 23360 could push to 23315/23280 should hold around else 23240/23190-23180.

Swing expected to get 23440/23330/23220/23040 holding below 23750. They got 23220. Likely to balance for a session or two then 23220 goes means spike to 23040. same negation 23750. am expecting at least 23360/23320 retest to repair poor structure of today before any solid rally higher.

Chart and data :