Daily market summary,plan charts and data of NF -23Apr'25

Gap up for NF today. Since it had minor distribution last two session they had to stay away from P of last session once moved up, instead back in value means expected liquidation towards tail/PDL..They failed to sustain gap and gone for closing it quick and started accepting in value which pushed to tail test then all day bounced to dVAH then closed with dPOC skew.

7th day of one time frame up and good tail low today.

Again no inventory back up at close from buyers..We need initiative auction from them next to stay higher else overlap value auction possible once stays below VWAP of today.

Good swing support now 24175-24200 band.Upside value above 24340 could get 24410/24460/24510+

Chart and data :