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Daily market summary of NF and charts, data of NF & BNF -01Apr'24

After having failed trend day NF had a open above POC and gone for drive up to test PDH then all day gone for narrow range balanced auction then closed at dPOC..


Buyers of drive from low met with exhaustion leaving normal day as could not sustain IBH all day.. Job of buyers next session is to get push higher above 22640-22660 band to remain bullish all session. Failing to do so could go for test of buying tail 22560-22550 if sustains then weakness all day.


Levels wise,failing to stay below 22560 and move above 22615 could get 22640-22660 if sustains 22690/22720-22740 possible. Failing to stay above 22640 and move below 22600 could get 22570-22550 and weak below that for 22520/22490/22450-22445 if sustains then 22415/22375/22350 possible.


Charts and data :



















Notes :

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