Daily market summary,plan charts and data of NF -24Apr'25

NF had no inventory from buyers in last session hence no initiative move from buyers today then expected overlap session. NF had just noise at open with no volume swiping PDH then dropped and remained as value overlap all day then closed at dPOC.

8th day of one time frame up with selling tail.

Long liquidation day.

24410 pivot for next session. If sustains above then travel in tail higher towards 24450/24480 and real move only above 24500. Not able to clear and sustain above 24480 could drop back to 24435/24410/24360-24340 and liquidation below that towards 24300-24290 and need to sustain further for more downside else could bounce back higher and remain in balance.

In short, looking for 24300-24410-24500 two way auction session and whichever side extreme sustains could get directional move.

Swing support at 24300 and value/volume below that could push towards 24210/24100/23980. Holding 24300 we could look for balance between 24300-24500 and value/volume above 24500 could get 24590-24620.

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