Daily market summary,plan charts and data of NF – 30Apr’26

Short covering auction closing below dVAL on Wednesday for NF..24200 was initiative buyers zone. NF opened below this zone via gap on Thursday which lead to liquidation. Staying below 24130 expected 24055 then 23900 and they moved to 23850 then failing to stay below IBL pushed back higher to close gap then closed at high.

Fat buying tail and FA at low for NF.

Neutral extreme up day. Volume and inventory with buyers at close. 24000 support for them in next session.

Levels wise above 24175 could get 24220/24255/24280 reject else 24320/24360 if stays above 24380 then 24420/24460 odds.

If fails to stay above 24260 and moves below 24200 then could get 24160/24120/24090 bounce else below 24080 more weakness towards 24045/24015/23965 if sustains 23920/23885 odds..Liquidation below 23850 for 23820/23765/23720/23675.

Weekly and Monthly :

For the week marked 23820 as support 24200 pivot and 24450 as resistance. they moved to 24450 could not clear res then dropped to 23850 support zone and closed the week as long liquidation week with dPOC skew higher. Buyers need to make effort to start the week as short covering auction then it could remain bullish for first half of the week atleast..Else overlap in lower quad of the week odds.

Monthly is double disbn inside month profile with gap being acting as extn between two disbn.

Same support 23800 on weekly and monthly for May to start with to get 24250-24280 zone reject else 24390 test odds which is good HVN node to pause and reject..If stays above it then 24480-24510/24600/24700-24740 odds and not expecting this 24700-24740 band to be cleared easy esp via intra day moves without solid balance before clearing it. If at all sustains above this then 24850/25050 possible in May. Not able to stay above 24390 and moving back below that zone could retest 24280/24150-24100 hold and bounce else 23965/23850 odds and below 23800 could move down towards 23675/23540-23500 hold and bounce and goes means 23360/23240 looking for..

Chart and data :