NF had a gap up today and then gone nowhere and closed as no volume no range no demand day.
Weak low with gap not filled fully and left fraction there remained open.
Negated last session FA top and left another failed auction at top and neutral day also.
Could not close old gap at 23430 as well.
All above info suggests some clean imbalance move possible and mostly to clear all lower levels if buyers fail to push/sustain away from 4days balance.
23360 support for open tmw and as long as this holds odds to close gap higher at 23430 then sustain higher..Failing to do so and dropping below 23360 could test VAH/POc zone of composite of 4days balance and bounce else more weakness.
Swing short from 23725 probed till 23120 and balancing now. Negation moves to 23500 to look for 23275/23200/23125/23050/22940/22850.
Levels wise for next session, not able to stay below 23350 and moving above 23395 could get 23425 bullish above that for 23450/23480 if sustains 23510/23540 reject else 23575/23610/23645. Not able to stay above 23450 and back below 23395 could get 23360 weak below that for 23335/23305-23295/23270/23235-23220 goes means quite weak for 23195/23165/23135-23125.
Charts and data :
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