Daily market summary,plan charts and data of NF – 13Apr’26

NF had a large gap down below 3days range and could not sustain below open range low and cleared IBH then gone for short covering and closed below dPOC.

Double distribution short covering profile.

Buyers need drive/gap above this DD else such skewed upper disbn could calls for filling between value area to repair poor value area.

Levels wise, move above 23950 could get 23995/23040 reject else 24070/24120 and above 24140 if sustains 24180/24225 reject around else spike to 24280/24335/24375.

Not able to stay above 24040 and back below 23950 could get 23910/23865 bounce else 23825-23810 weak below 23800 for 23765-23750/23710-23695 bounce else 23650-23630 odds and quite weak below 23630 for spike down towards 23565-23540/23500.

Chart and data :