Daily market summary,plan charts and data of NF – 19Oct’26

Back to to back short covering profile by end of last week for NF. It opened above PDH on Monday but could not sustain and quickly moved down to 2days VAL zone bounced and again failed at PDH zone and all day spent lower and cleared PDL finally then closed at low.

Outside day.

Long liquidation auction.

dPOC skew down and closed at dPOC. Sellers next need to follow through down once done should defend POC else odds for filling value area and test selling tail odds.

Levels wise 22980 res. Holding below this odds to test PDL 22865 and sustains means 22835-22820/22785-22765 bounce else more weakness towards 22720/22680.

Failing to stay below 22865 and back above 22925 could get 22960-22980 reject else 23015/23050-23060 pause and above 23065 could get 23100/23140-23150 if stays above 23165 then 23200/23240-23250.

Chart and data :