Daily market summary,plan charts and data of NF -12Aug’25

Short covering profile in last session with poor structure in second session.Staying above 24645 expected move towards 24720/24750/24785 and they got drive up till 24765 to mark IB then started moving down failing drive. Accepted back in value area of last session which lead to wild two way move then towards end repaired entire poor structure of last session with a move till 24540.

Selling tail and Long liquidation day.

Spike down with spike zone 24590-24540. Holding spike zone =weakness and not able to stay below spike high could push back higher.

To start a session 24620 res to get a move below PDL towards 24510/24480 hold around else could drop to 24440-24420 then more downside.

After moving way below PDL and then back above 24540 could test spike high 24590/24620 pull back else above 24620 acceptance could push towards 24675-24685/24720 if sustains then PDH swipe odds.

Chart and data :