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Daily market summary of NF and charts, data of NF & BNF -16Sep'24

3-1-3 balanced profile in last session.They had drive up from value of last session then post IB failed drive and started accepting in value which probed VAL zone then bounced to dVAH then closed at dPOC.


Another 3-1-3 profile with secured ends and balance in between.Buyers need to stay higher above POC all session else another overlap in value area of last two days value odds next.


Levels wise, hold 25415-25430 and push higher to get 25470/25495 then defend 25445 to move towards 25525-25540/25575+..Not able to stay higher and moving below 25445 could get 25415/25385-25365 weak below that for 25335/25305-25290 bounce else 25265/25230-25220.


Charts and data :

























Notes :

a) Check glossary page in website if any of the terms used in the post are not clear.


b) If images are not clear, click on them for enlarged view.

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