Daily market summary, plan, charts and data of NF – 08May’25

Normal day for NF in last session with stacked lows between 24425-24450.Bounce above 24465 marked for 24510+ which they got higher early at open then all day gone for tight balance. Later cleared IBL and stacked lows of last session in second session and probed downside obj 24380/24345.Below 24340 marked for liquidation to get 24240 and below which happened via spike then closed at low.

Double distribution down day.

4IB down day.

Spike down close.24195-24255-24355 spike zone.

Tight slow tempo days inside 02/05 range got resolved downside today and move below 24300 opened obj towards 24160/24050/23980 bounce else more possible towards 23900 and below.Immediate res to start the day 24280-24290 for next session.

Not able to stay below 24160 and back in range could go for filling spike zone and above 24355 sustains means odds to close extn handle and POC of the day.

Chart and data :