Daily market summary,plan charts and data of NF -04Sep’25

NF last session had spike up close with buyers having inventory with them. They got clean gap today but failed to hold gap and highs..Post open auction started moving down and closed gap then closed at lower quad.

Selling tail and trend day down. Not much of supply into close.

24890 res for next session to look for balance in lower quad of today then need push below PDL. Failing to do so could bounce back to POC/VWAP zone then also could get upper quad of today.

Above 24890 could get 24925 reject else 24960/24990 probe. Not able to stay above 24890 could overlap back to 24840/24810 then drive down to 24760-24740 reject and bounce else weakness further towards 24710/24685/24655-24640..

Swing view for downside got negated with a move above 24875. May be a day or two of balance between 24750-24960 roughly before making imbalance move based on inventory at close.

Chart and data :