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

For Friday session staying below 25760 considered weak to get 25640/25580 and below. they probed below 25580 and bounced then closed at high.

Failed auction at low.

Neutral extreme up day with spike close. Auction was incomplete at high.

Staying above 25680 bullish for next session to get 25790/25825/25860 reject.If accepts then 25895/25925/25960 more bullish above 25960 for 26010-26035/26080.

Failing to stay higher above 25930 could drop to 25850 or failing to stay above 25850 and back below 25780 could get 25740/25700-25685 weak below 25680 for 25640/25610/25585-25565 if accepts 25540/25490/25450 odds.

After large gap selling tail on news last week, Odds were there for NF to fill half gap at least in coming sessions with probe down towards 25750 ( probed earlier ) /25680 (probed earlier ) / 25550 ( probed on friday till 25570) extreme case 25450 then expected bounce. they had 3days of slow grind one time frame down to get 25570 till now. As long as staying below 25960 same view that balance and fill the zone again. If stays above 25960 then view negates.

Weekly and monthly:

Overlap weekly and outside month at end of Jan and marked 25560 as res. Not able to stay above that res expected drop to 25350/25175/25000/24870/24760/24600.During budget event they held below 25560 and moved almost to 24600 then bounced and surprise news flow pushed it to other side 26300 with large gap at 25150. Now two maj volume days could keep entire FEb inside large balance roughly between 25450-25850-25960-26200.

To start the week, 25680 support 25760 pivot and 25860 res. Holding above 25680 could clear 25760 to get 25850-25860 reject else 25930-25960 reject else 26030/26100/26200 reject else 26300 if accepts 26500/26650. Failing to stay above 25850 could drop back to 25760/25680 goes means 25600-25550 bounce else 25450/25325/25200-25150 odds.. This is plan for next two-three weeks.

Charts and data :