Daily market summary,plan charts and data of NF – 17Mar’26

Failed auction at low+ DD neutral day for NF in last session.Opened higher and drive down could not accept below support 23360 and stayed higher all day till 23670 then closed at dPOC.

Poor low.

Another neutral day technically.

dPOC skew up and closed there. Buyers need to have drive or gap up and once done should not accept below POC..If accepts then odds for repair of value area fill then clear poor low odds.

Levels wise 23550 support and 23685 res for next session. Balance inside these levels. Above 23685 could get squeeze towards 23730 and once done all day support at 23620 to get 23780 then 23825/23865/23910-23920.

After having a good move above PDH but fails and moves below 23620 means could get 23580/23550 weak below that for 23515/23480/23450 and more weakness below that for 23400-23390 and 23380 goes means spike down odds towards 23345/23305/23260/23230-23220.

Swing move after probing 23200 had remaining obj at 23050/22800. It has probed 23050 yday and got clean bounce. Weekly scenario of one more push down and bounce NF doing now for which expectation is 23600 ( which its clearing second time today) worst case 23800-23850 then move down to 23500-23450/23300 if sustains 23200-23150 bias for balance. Negation still at 24000.

Chart and data :