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Daily market summary of NF and charts, data of NF & BNF -05Mar'24

NF closed as 3-1-3 profile in last session.


It started having slow drive down from 3-1-3 value today..Staying below 22470 marked for 22440-22420/22390/22365 which they did early in the day then bounced to clear IBH then closed at dPOC.


Neutral center day.Some good fight between both parties today and they closed at dPOC/VWAP. Buyers got strong flip today between 22410-22430 and held that zone at close..Their job next to defend this zone and move higher to 22470/22495/22520 if sustains then move towards 22560+ possible.


Not able to stay higher above 22490 could drop to 22440/22410 and bounce else 22370/22340/22310 possible which could see bounce else more weakness towards 22270/22240-22230.


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