Daily market summary,plan charts and data of NF -18Jun’25

Inside day for NF in last session with long liquidation auction. VAH-Selling tail holding expected overlap in value area and downside extn towards 24825/24785/24760. Upside 24950 marked as res.They had a lower open below PDL and got drive up which only whipped above 24950 in selling tail zone and could not sustain then moved down all day to get 24785 then closed at dPOC.

Back to back long liquidation auction. Secured high and poor low.

To start the session next, 24850-24890 band could act as res to clear PDL for liquidation towards 24760/24725/24680/24640.

Good extn below PDL fails to sustain and scales POC 24825 means test of above res band till 24890 if sustains means squeeze higher odds towards 24960/25000+.

Till we sustain above 24950, swing expected to get 24760 zone minimum..It moved till 24785 now and negation for swing short view moves to 24900 to look for 24740/24680 and more.

Chart and data :