Daily market summary,plan charts and data of NF – 18Sep'26

NF left a poor low at previous 3-1-3 profile POC zone and spent all day in balance then towards close swiped PDH and then settled at dPOC.

Supply seen at close and if they get follow through down below 23350 then 23320/23285 bounce later 23250/23220 odds if sustains then 23185/23140-23125 possible if stays further then spike to 23080/23040-23020 odds.

If fails to stay below 23290 and accepts 23350 then 23390/23425 later above 23440 squeeze to 23480/23520/23580 possible.

Weekly and monthly :

Weekly gone for triple disbn down profile with 3 back to back gaps and monthly closed as elongated disbn down profile at end of last week. Structure was suggesting weakness could continue either via balance and skew down or straight down as long as staying below 23650 in Sep. Failing to stay above 23575 expected to get 23420 and marked weakness below 23420 for 23340/23240/23150/23050-22985 bounce. Last week they started with a move of failing to stay above 23575 probed 23180 straight in single session then entire week remained in repairing that imbalance zone of l5/09 profile.

To start the week 23440 res and as long as that holds could move down to 23320/23250-23220 bounce else 23150/23050 possible and staying below 23050 comfortably could push down for 22965/22860. If fails to stay below 23250 and bounces above 23440 means odds to get 23520/23620-23650 and solid res there if that goes means 23740 then decide..

Charts and data :