No demand day in last session.NF had a large gap up open which held the gap and closed at dVAH.
Lot of inventory adjustment happened today with volume and closed with advantage buyers. Immediate support for them next session is 19670-19690 band.. Holding this buyers could have overlap in upper disbn of the day then could look higher further once accepted above upper disbn.
19620 now becomes good swing support. Today's auction and data suggests upside not over.As long as 19620 holds upside probe is towards 19830-19860/19930.
Levels wise for next session, not able to stay below 19670 and move above 19715 could get 19750-19765 and bullish above that for 19790-19810/19840-19860. Above 19865 could move to 19895-19905/19930-19940. Failing to stay above 19790 and moving below 19740 could test 19715-19705 if accepts then 19680-19670 and weak below that for 19645-19630.If accepts below 19620 then 19590/19560-19550 possible.
Charts and data :
Notes :
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