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

Neutral extreme up day with poor structure profile in last session and expected retest of 23320 before any rally and they had this at open itself then all day gone for repairing yday profile then closed at high.

Short covering profile.

3days POC 23360 offering solid support since yday on pullbacks. Becomes good swing support for entire month now.

Buyers next need drive/gap up and once done never come below 23480 if accepts there then test of 23440/23360 possible and that goes means liquidation odds.

Levels wise staying above 23540 could get 23580/23620/23650 pullback later 23680/23720/23750 if sustains spike to 23810-23830. Failing to stay above 23640 could pullback to 23580-23560 bounce else test of 23520/23480 bounce else 23440 weakness below that for 23400/23365 and quite weak below 23350 for 23315/23280 spike down below that for 23240-23225/23180.

Swing short view negation now moves to 23580.Last two days high zone 23540-23580 goes means one push higher then we could decide further.

Chart and data :