Daily market summary,plan charts and data of NF – 14Nov’25

Outside day for NF on Thursday. Move below 25935 marked for 25865/25835-25815 and bounce expected. Open test drive up failed and got 25840 by end of IB then gone for whipping two way auction but stayed below IBH. Later got 25815 then got clean bounce to close at high.

Failed auction at low.

Context wise neutral extreme up day though IB high was marginally saved at close.

Volume was highest in months which confirms FA low of this day could act as potential swing low.

Last two days have been quite whipping auction and closed with higher volume suggests directional move higher odds and bias is upside.As long as 25815 holding swing could move towards 26100/26220/26300+

For next session, defending 25930 odds to move higher towards 26020/26050/26080/26110 if sustains 26150/25180/26220 possible. Move below 25930 could get 25900/25875 bounce else 25845/25815 weak below that for 25775/25745 if sustains 25695 odds.

Weekly and monthly:

25675 marked as res for the week. Above that marked for a move to 25770/25920/26100. Below 25675 marked for a move to 25560/25495-25450. They moved to 25745 to start the week then dropped to 25560 and again bounced to clear 25675 which pushed higher till 26090 then closed at dPOC of the week.

Higher value overlap week and monthly profile retested Oct lower disbn and bounced. Marginally missed to close as all time highest close for weekly. Considering noisy auction with volume happened in the week looks like enough inventory adjustment done and upside extn possible by this week or another higher quad overlap week in 4 weeks range then last week of Nov spike higher possible.

Levels wise balance between 25800-26100-26200 for the week then 26300 and if spike means 26450-26500 odds. Not able to stay above 26100 could pullback to 26020/25950/25890 bounce else retest 25815 and weak below that 25745/25665 if not holding there could test 25450.

Charts and data :