NF had neutral extreme up day having failed auction at low in last session which considered as good swing support.They had lower open below VWAP of NE day and could not hold support of last session FA and negated that with a move downside to mark IBL..then gone for a quite a whipping two way auction and cleared IBH as well as IBL then closed at low.
Neutral extreme down day.
Failed auction at top.
Back to back inside days earlier then now back to back opposite neutral extreme days.4 days of high volume balance and likely to make a move away from this balance in a session or two.
For next session, two resistance 24180 then 24240.Sellers of NE down day should not allow acceptance above these zones and should get a follow through downside towards 24060/24020 bounce else 23960 and below odds.Not able to hold these zones could get squeeze towards 24300/24360 reject else more upside possible.
Charts and data :
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