Lower value day with dPOC skew close for NF in last session. Buyers expected to defend 23750-23765 else value area fill expected which NF did in IB period then got extn higher and ended up as short covering profile closing at dPOC.
Short covering profile.
buying tail as well as selling tail. 23800 good support and 23940 res for next session. Balance in between this zone and sustains these levels means trend odds.
Swing down view negates if we clear today high. Could then either make large balance or reverse towards 24050/24100 and above then decide.Weakness could continue if stays below 23800.
Levels wise for next session, If fails to stay below 23880 and moves above 23925 could get 23950-23960 bullish above that for 23995-24005/24035 further bullish above that for 24075/24110/24140/24170/24210/24250-24260.Weak below 23870 for 23840-23825/23795 if stays down then 23765/23730-23715/23685 odds or not able to stay above 23990 and back below 23935 could get 23905/23875.
Charts and data :
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