Daily market summary,plan charts and data of NF – 08Oct’26
NF opened below NE down day and started moving down via drive then all day stayed down as trend day then closed at low. Below 22580 expected move till 22490 then 22360/22280 and all this got probed today.
Triple distribution trend day down closing at low.
New low for the year marked today.
Selling was quite orderly done today and not expecting to clear res zones of today profile to be cleared soon unless any positive event happens. Looking for more weakness below this profile as auction was incomplete at low. Swing expecting to get 22180/22070-22050/21960/21850-21800 with 22480 as swing negation.
Intra for next session 22400 strong res. Staying below this overlap odds in lower disbn and below 22275 could get 22240-22225 bounce else 22180 pause and below 22170 clean move towards 22135/22070-22050/22010 possible.
Failing to stay below 22260 and back above 22320 could get 22360/22395 reject odds. If stays above 22420 then 22460/22495/22535-22550 possible.
Chart and data :





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