Daily market summary,plan charts and data of NF – 04Feb’26

After a wide range heavy volume day NF gone for sm cool off session today in terms of range and volume.

Short covering profile with tail at low and top. Close was weak below dPOC. Holding value area low for next session odds to have overlap in value area and accepting below VAL could clear tail of today then look for liquidation more into gap zone of last session.

Broader view same as mentioned in last report. Odds there for NF to fill half gap at least in coming sessions with probe down towards 25750 ( probed today ) /25680/25550 extreme case 25450 then could see bounce and balance. As long as staying below 25960 this is possible.Mostly this week and next week could see NF trading in the range between 25500-25750-25960-26200. If at all clears 26300 then move towards ATH.

For next session, move above 25865 could test 25895/25925 reject else staying above 25935 could get 25965/26000/26035 if sustains 26070/26110/26145/26190/26230/26285 odds. or not able to stay below 25760 and accepting above 25795 could get 25825/25855-25865.

Below 25820 could test 25790/25760 bounce else 25735/25705-25685/25650 more weakness below 25640 for 25580/25540/25490/25450. or failing to stay above 25920 and moving below 25860 could get 25830/25790/25760 all day.

Chart and data :