NF had a clean long liquidation profile on settlement day. Volume and auction was clearly with sellers all day and closed with dPOC skew with further advantage to them. If accepts below 17940 then more liquidation expected towards 17750. NF got another selling tail and gone for further liquidation for a large range moving towards 17580 then closed at dPOC. Another good liquidation auction via double distribution profile. Sellers again closed with advantage at dPOC..Any overlap in lower disbn/acceptance below 17590 means more liquidation. To avoid any further liquidation, to go for balance, buyers need to reject lower distribution and start accepting above 17750 to test higher 17810/17840-17850 then see rejection there or move further above 17850 to test 17900-17920/17950 then could rotate lower again. Weakness if fails to sustain above 17750 which could rotate back to 17680/17650/17620-17590 and further liquidation possible below 17590 towards 17540/17490/17450. Swing wise 17920-17950 now good resistance to hold and even accepts there next solid res in 18100-18150 zone to rotate down for larger balance or skew down further.After such solid liquidation now bias is to look for sideways to downskew till budget event. Weekly : Weekly has resolved downside after 5 weeks of overlap and left multi distribution profile down with wide dPOC at top at 18150. 8th week of one time frame down now. Bias for the week now is to grind lower to bring value down since price has moved far away from wide POC of the week from 18150. Pivot for the week 17900-17950 to hold down for balance and 17550 should hold on this balance..If that goes means test of 17450-17400 if sustains 17200/17050 possible. Above 17950 could move to 18100-18150 which is strong res and accepts means 18300-18350/18500/18600-18650 possible. Monthly : Jan after tight good bell balance resolved down and expecting second distribution on monthly to take place holding below 17950 now with a sideways to downskew to retest 17550 then get 17400/17200..If any rally above 17950 means 17800 becomes support to look for 18150/18300/18500-18600. Charts : Daily Weekly Monthly Data : Detailed plan with references to carry forward, actionable trade hypos for next session, any importance nuance from the day and view based on weekly and monthly time frame are available to members in private blog.Above report is only part of it. Notes : a) Check glossary page in website if any of the terms used in the post are not clear. b) If images are not clear, click on them for enlarged view.