Daily market summary,plan charts and data of NF – 19Aug'26

NF started the day below 3-1-3 profile and gone for drive down. Marked for 24105 below 24180 and they done it in IB then didnt go anywhere and stayed in tight range all day then closed at dPOC.

Long liquidation profile.

9days of one time frame down which is rare instance.

Ledge and solid absorption seen at lows today but could not get follow through higher all day..If they get follow through higher above 24175 then upside move possible next and not able to do so and clears 24090 then another liquidation day odds.

Levels wise above 24175 could get 24215-24230 reject else 24265/24305 if sustains 24340/24370 odds. Failing to stay above 24230 and back below 24200 could get 24165/24140-24130 bounce else 24100-24090 goes means 24050/24020/23990 odds.

Chart and data :