Daily market summary,plan charts and data of NF – 25May’26

Short covering profile closed at highest point of week and also at upper end of 9days balance by end of last week.they got gap up above weekly res 23850 and held the gap and moved to 23980/24100 weekly levels marked into close then closed at high.

Gap up and drive up then spike up close session with poor volume though.

Spike rules apply in next session. 24008-24120 spike zone. Failing to accept above/below spike zone = fill inside ; whichever side sustains could get push that side all day.

NF into upper balance of Monthly profile now. 23980 swing support. They should hold this entire week else sm weakness could come in.

Levels wise for next session, holding 24035 could grind higher back to 24120 and above 24125 could get 24160-24180/24210/24240-24265 then stays above it means 24320+ odds.

Not able to stay above 24210 and back below 24120 could get 24060/24030-24010 bounce else could get liquidation below 24000 for 23965/23930/23890/23850.

Chart and data :