NF left FA at top and gone for neutral day in last sesssion. 14920-14890 considered support which broken at open auction and probed below PDL.. Failing to sustain below 14870 and back above 14920 expected to test 14960-975 zone which happened in IB period then gone for tight balance..Unable to clear IBH after tight balance in entire first session lead to liquidation break to get 14810 and then closed at dPOC..
Pointers from the day :
NF got follow through lower value day after FA day. Sellers had skew at close and 14940 ref for them next session and could be squeezed above this. They need to stay below 14940 and accept below 14840 for more weakness.
NF got clean buying tail below 14850 and as long as no value in this tail, this tail should hold 14840 and scale higher above 14940 to get clean upmove.
NF had a clean all day well balanced bookish bell profile and could lead to imbalance in next session.
Swing long view got whipped below 14870 now.Neutral view now between 14800-14975 for swing and could see trend beyond this zone.
Price wise, above 14910 could test 14940/14970 and bullish above 14985 for 15015/15030 and quite bullish above 15045 for 15090/15130-15160/15220.
Failing to sustain above 14980 could test 14920-14890/14850 and quite weak below 14840 for 14810/14760/14710-14690 if sustains then 14650/14610-14580 probe possible.
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