Daily market summary,plan charts and data of NF – 12Oct’26

NF had a short covering profile and buyers needed drive/gap fails means VAL/tail expected..They got higher open above PDH failed and got open test drive down into value area and tested VAL and tail fully. Below 22580 marked for 22490 then 22365 and they got this move till 22370 then settled lower at dPOC.

Large selling tail.

Long liquidation auction. dPOC skew lower and closed there.

Sellers need drive down and once done defend POC else back to VAH and tail test odds next.

Levels wise failing to stay below 22375 and back above 22430 test 22460 then squeeze for 22500-22520/22560/22600-22620 reject else 22660/22700-22710.

Failing to stay above 22600 and accepting below 22550 could get 22510/22480/22440/22410-22390. Tricky zone between 22390-22350 and weakness below 22350 for 22310-22295/22260/22225.

Chart and data :