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

NF had a large gap down but could not get follow though down after gap then gone for gap close then settled at higher quad.

3IB triple disbn up day closing at 3rd disbn.

Since upmove happened via triple disbn on lower value day considering this auction as inventory adjustment move. this view negates if we get higher value day next.

5th day of one time frame down.

23450 support for next session if holds then overlap in upper disbn odds. If gets gap/drive up then could stay higher for most of session next.

Levels wise above 23525 could get 23560-23575 and bullish further above it for 23610/23640-23660 if sustains 23705-23725 possible.

Failing to stay higher above PDH and moves below 23450 then 23420 bounce and balance later staying below 23420 could test 23395/23365 bounce else 23325/23285/23240-23225 odds.

Weekly and monthly :

Weekly gone for triple disbn down profile with 3 back to back gaps and monthly elongated disbn down profile. Both structure suggesting weakness could continue either via balance and skew down or straight down as long as staying below 23650 in Sep. Moderate relief upside only above 23650 and strong reversal only above 23800 for the month. Levels wise if stays above 23575 then test 23650 reject else 23750-23780 reject else 23850-23900 odds. Failing to stay above 23575 could overlap between 23575-23420 and weakness below 23420 for 23340/23240/23150/23050-22985 bounce else later spike down to 22850 odds.

Chart and data :