Daily market summary,plan charts and data of NF -15Jul’25

NF had a long liquidation session last session. Buyers if held 25140 and stayed above 25210 then 25250/25280 was expectation. At open they failed to stay above 25210 and got open rej reverse which held above 25140 and post IB got a clean push above 25210 and probed above 25280 then had a pullback to close at dPOC.

Short covering profile stopping 3days of one time frame down = balance resumes now for a day or two atleast.

dPOC skew higher hence buyers needed to get drive/gap up else poor value area repair and staying below VAL could get liquidation.

25240-25230 holding balance odds to test PDH zone and stays above 25320 means another short covering move towards 25360/25390 then decide there. Staying below 25220 could test 25185/25155-25140 bounce else more weakness.

Swing short view negated today with a move above 25280. Balance mode now roughly between 25120-25220-25380.

Chart and data :