Daily market summary,plan charts and data of NF – 11Mar’26

Short covering day with dPOC skew higher and no back up inventory from buyers at close of last session. Not having drive up or gap up expected to move down to fill value area and test VAL zone if sustains then liquidation expected.Below 24350 expected 24260/24225/24150/24085/23995 and they have done this move fully today.

Selling tail and clean trend day down closing at low. This close is lowest since 20-Apr'25.

Not much of supply into close. So, unless sustained initiative supply early in session odds for some balance into today imbalance zone for most of session via two way balance. If we stay below PDL with clean volume and supply then more liquidation odds.

Levels wise 24010 resistance. Not able to clear this early in IB could go for balance between 23910-24010 and below 23905 could get 23870/23835-23820 bounce..Below 23785 could get 23735/23690/23650/23610.

Not able to stay below 23870 and back above 23960 could test 24010 pullback later accepting there could get 24050/24090-24110 reject else 24165-24180/24225-24240 odds This is max expecting in next session.Not able to stay above 24180 could rotate down all the way below towards 24130/24080/24040/23995..If stays above 24240 then 24280/24335-24350 doable.

Swing obj after last session marked for 24260/24050/23920/23830/23650-23600 bounce else 23450/23300/23050/22800. They cleared till 23920.Some balance and rest of obj possible in March. Negation at same 24600 for the view.

Chart and data :