Daily market summary,plan charts and data of NF – 03Oct’25

Double disbn up trend day with good volume for NF on Wednesday with dPOC skew higher close.Not able to stay above PDH and staying below 24960 expected 24920/24890/24865 test and bounce. They had a move towards 24880 then balanced between 24970-24895 then got spike up close at high clearing PDH.

Short covering profile.

Spike up close. 24970-25020 spike zone. Stay in/above spike = strength ; staying below spike weak to get overlap in value area and test and buying tail/PDL.

24960 support for next session to look for balance between 24960-25020 and above 25025 could get 25050 no rej means slow grind higher towards 25080/25110-25120 if sustains more upside towards 25150/25185.

Weak below 24960 for 24935/24910-24895 bounce else 24865/24835-24825 odds.

Weekly and monthly :

Double distribution up week closed at high. 24800 support and 25050 res for next week. If clears 25050 then Sep fall supply is not keen so we could look for more upside swing wise towards 25150-25200/25300-25350 then could come down to fill Sep value area. Major strength only above 25350 for Oct. Unable to sustain above 25050 early next week after such DD week, could go for balance between 24800-24920-25050 for a session or two then may try for directional move. Stays below 24800 calls for weakness towards 24725/24620/24540.

Charts and data :