NF had 4IB up day with large spike close in last session. 21960-21975 marked good supply zone if buyers failed to scale next expected move back to 21920/21880/21850/21815 then bounce and two way auction expected..NF gone for this move at open failing to stay above 21975 gone to 21845 then most of session remained in two way auction then got clean extn higher.Above 21975 marked for 22010-22035 which they probed then closed at high.
NF left poor auctioned zone of 21945-21990-22025 today for expiry..This zone need a repair next..Either repair this then move higher holding 21920-21940 or move higher first to clear freak high 22080 and above then failure to stay higher could drop to repair this zone.Intra weakness below 21920.
Spike low defended today and pushed higher to create value which makes 21800-21840 good swing support now..and for entire Feb 21650 going to be good support.
Levels wise,failing to stay below 21955 and move above 21985 could get 22010/22035/22065/22080 or drive above 22035 for 22065-22080/22130/22180 then reject else 22220-22240 probe possible.Any rejection at 21920 and move above 21960 could get 21985/22015/22035 and above..Failing to stay above 22035 and moving below 21955 could get 21925-21915 then bounce else 21885-21860/21830/21790-21780 possible.Quite weak below 21780 for 21750/21725 and below..Or failing to stay above 22100 and move below 22020 could get 21985/21955/21925-21915/21885.
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