Daily market summary, plan, charts and data of NF – 22May’25

FA top and neutral day for NF in last session. Holding 24750 expected value overlap and below that considered weakness and then below 24680 expected quick solid liquidation. They started drive down below 24750 then got quick IB swipe down below 24680 till 24585 then had balance and later got extn down to 24515. Buyers responded sharp in closing hour to close at dVAH.

4th day of one time frame down.

3-1-3 profile with large selling tail and strong buying tail with balance in mid. Sustain value area = trend else overlap in value area odds next.

Buyers need to sustain above 24685 with volume for drive to accept back in selling tail to get 24760/24820 then squeeze higher towards 24890-24925.Failing to do so fall back to 24640/24600/24570 then bounce and staying below 24570 could get long liquidation all session.

Chart and data :