Daily market summary,plan charts and data of NF – 08Jun’26

NF had a large gap down failed to get follow through down after such gap then gone for gap close..Failed to stay above IBH after gap close and gone for IBL swipe then closed at day low.

Neutral extreme down day.

Large gap from Apr fully closed.

Sellers need to stay below 23260 for next session and clear PDL then we could have liquidation..Failing to do so and accepting 23260 calls for value area repair and test of selling tail then decide.

Swing short moved to test 23180 and 23040 pending. Swing negation moves to 23450 from 23580. Staying below 23450 odds for more downside and once 23040 goes negation moves to 23360 for further probe towards 22950/22860.

Levels wise for next session staying below 23150 could get 23115/23060-23040 bounce and clear 23180 then 23215/23245-23260 test and staying above 23265 could get 23295/23325-23340 and more upside above 23365 for 23395-23410/23440 then 23490 possible.

If stays below 23040 then spike down odds for 22980/22945.

Chart and data :