Daily market summary,plan charts and data of NF -06Jun’25

3-1-3 profile closing at dPOC for NF on expiry day. Failing to sustain beyond value area extreme expected to get overlap if sustains extreme of Value area then trend expected.They failed to stay below VAL then moved to VAH then got clean extn higher for trending move..24780 expected to hold and bounce to 24940 then 25150. They whipped below 24780 then moved to 24940/25140 then closed at dPOC.

Double disbn day closing at dPOC. After 3days balance they got 3-1-3 and now this DD up day happened hence more to follow upside.

25050 immediate support next goes means travel down in extn singles and 24980 good support for next session to bounce..As long as we are staying above 24980 upside open towards 25240/25350+ in a session or two.

Below 24980 could get 24920/24880 which is now swing support. That goes means reversal odds towards 24820/24780 and below.

Weekly :

3rd week of overlap for NF at close of last week and expected to resolve this week.

24965 marked as pivot for the week. Holding that move down towards 24765/24650 and bounce expected. Staying above 24965 marked for 25070/25150/25240. They held 24965 and balanced down for 3days with a probe till 24610 then bounced.Last two days of week seen bounce above 24965 and probed now till 25140.

4th week of overlap closed at highs = Bullish. Pivot now at 24980 for the week to get 25240/25350/25500. Any rej higher above 25200 and move below 25070 could get 24980 bounce else 24900-24880 probe and solid support band there for the week.Reversal below that for 24780/24680-24650.

Monthly :

Two back to back outside months then short covering month for NF till May.Now June started as bell balance and leaving early sign for extn for double disbn up month which gets confirmed by early next week. 24900 good support now for June to get 25240/25350 pullback then 25500 then balance and decide..Below 24900 back to bell balance of the month with a move towards 24775/24650 and solid reversal on monthly time frame below 24600 whenever happens towards 24450/24250/24050.

Charts and data :