Daily market summary,plan charts and data of NF – 24Sep’26

NF opened with gap below yday buyers band zone of 23420-23440 and gone for drive down then stayed down all day to close at low.

Gap down and selling tail.

Double distribution down trend day.

Volume relatively better in two months.

Today's extn handle zone clean res for next session. As long as that zone 23190 holds odds to move down further. If that goes means then new range of balance for few sessions before next leg down odds. Solid reversal only above 23350 for the month now.

Levels wise not able to stay above 23150 could do overlap down to 23110-23090 bounce else weakness to test 23050/23020/22990 pause later 22950 if sustains 22905/22865. Failing to stay below 23020 and moves above 23095 means could get 23130/23165-23180 reject. Above 23200 could get 23230/23265/23295-23310 squeeze above 23320 for 23360-23370/23420-23430.

Chart and data :