Daily market summary,plan charts and data of NF – 05May’26

Long liquidation profile with secured ends in last session. 24140-24100 marked as support..They opened below 24100 and gone for open auction then lead to liquidation.23965 marked as downside obj below 24080 and they for that via IB swipe then failed to sustain and bounced to IBH then closed at highs.

Failed auction at low.

Neutral extreme up close with dPOC skew higher..Job of buyers next to get gap or defending 24050-24060 get drive up and stay higher next.

Levels wise failing to stay below 24060 and move above 24120 could get 24160 then drive to 24200/24240-24260 pause later 24300/24335/24365-24380 odds..If stays above 24380 then 24420/24460 possible.

Not able to stay above 24300 and back below 24250 could get 24210/24160/24120/24090 or not able to stay above 24200 and back below 24120 could get 24090/24050 bounce else more weakness below 24040 for 24010/23980-23970 bounce else 23920/23885/23850 odds.

Swing view negated with move below 24050 today.. Likely to have two way balance week roughly between 23850-24120-24250-24330-24450.

Chart and data :