Daily market summary,plan charts and data of NF – 21Oct’26
NF opened higher and got drive but failed to sustain drive and gone for PDL swipe then large extn down..closed with dPOC skew down in lower disbn.
Double disbn down trend day with decent volume.
Moving below 22780 back into monthly balance is weakness. Odds for some volatile moves in next session as we have bell balance lower and that POC held today. And 4days of failed structure (back to back short covering then back to back liquidation days) upside. So, to resolve direction it may have sm volatile moves in first session atleast.
22870 large res for next session. As long as we stay below this , odds for overlap in lower disbn. If fails to stay above 22820 could drop back to 22750/22710/22670 weakness could continue below 22665 for 22630-22615/22580-22565 then 22530-22520 if sustains then spike to 22480-22470/22430-22420/22380-22365 possible.
Not able to stay below PDL and staying above 22765 could get 22810-22820 reject else 22860-22870 reject else all day upside towards 22930/22975/23010/23050/23100.
Chart and data :





Comments