Daily market summary,plan charts and data of NF – 07Jul’26

After short covering profile in last session 24445-24460 marked as support and buyers needed to drive/gap up defending this then 24525/24565-24580 marked upside as probe. They got this in first session holding 24460. Failing to stay above 24560 and back below in value area below 24485 marked for 24445/24415 which they got in last hr and closed at low.

Failed auction at top.

Neutral extreme down day.

5th day of one time frame up.

Spike down close. 24470-24405 spike zone. Trading in/below spike zone weakness.

As mentioned in commentary, good top today and supply into close/ Staying below 24470-24480 odds to grind in spike and zone and below spike zone could move to 24365/24340/24310/24280 bounce odds else 24240-24225 possible.

Failing to stay below 24320 and back above 24380 could get 24410/24440 reject else 24470/24500 odds and sustains means 24530/24570 possible.

Chart and data :