Daily market summary,plan charts and data of NF -11Aug’25

Large selling tail and trend day down for NF in last session. Holding below 24510 sellers expected to clear PDL to move down. Failing to sustain below PDL expected to bounce back to 24510 and acceptance there marked for probe till 24620. They had a open test drive up failing to stay below PDL to get 24510 then later got further squeeze towards 24620 all day then closed below dPOC.

Short covering profile with poor structure in second session push higher.

Weak low at PDL zone.

dPOC skew up and closed below dPOC and supply sign at close. Not able to stay above PDH looking for balance and skew down towards 24545/24515/24480 bounce else 24430-24420 odds and below PDL more liquidation.

Failing to stay below 24480 could call for two way balance repairing today imbalance move happened in second session.

Staying above 24645 could get squeeze towards 24685/24720/24720/24785 and much more.

Swing res 24550 got cleared and view now is to have balance between 24410-24650 then look for directional move.

Chart and data :