Daily market summary,plan charts and data of NF – 06May’26

Failed auction at low and Neutral extreme up close in last session. They got clean large gap but could not sustain gap and started coming down since open. Failing to stay above 24300 and back below 24250 expected to get 24210/24160/24120/24090 and they did this till mid session via trend day with a probe to 24060 then started failing the trend day by stopping one time frame down and clearing VWAP then started spiking till close and ended up at high.

Neutral extreme up day.

Spike up close.

9days of balance now closed at higher edge of balance.Data and volume with buyers at close and as per them 24200-24250 band now at any cost should hold and solid support. Likely to move away from balance.

24420 immediate support for next session and holding this could bounce higher and clearing 24480 could get 24520/24560/24610 and spike above 24635 for 24670/24710/24750 if sustains could get 24790/24840.

Not able to stay above 24750 could slowly drop back to 24600 and staying below 24600 could get 24560/24520/24480/24450/24420 bounce else weak for 24380/24340-24320 next good support.If stays below 24280 quite weak to get 24240-24220 if sustains then 24160-24140/24090/24040 odds.

Chart and data :