Daily market summary,plan charts and data of NF -16Jul’25

NF had a Short covering profile stopping 3days of one time frame down in last session hence expected balance for a day or two atleast.Failing to get drive up/gap and move below 25220 expected 25185/25155 which they probed in first session till 25160 then bounced and cleared 25220 to get IBH swipe towards last session POC then settled at dPOC.

Inside day.

Failed auction at low.

Neutral center day.

Same view as mentioned in last report this could balance still for a day or two. Roughly between 25165-25240-25320. Staying below 25165 could get sm liquidation towards 25100 and more and staying above 25320 could get squeeze towards 25360/25395.

Chart and data :