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Daily market summary of NF and charts, data of NF & BNF -18Sep'24

NF had a 3-1-3 profile in last session. Rejected at VAL and bounced to PDH, later failed to sustain and gone for PDL as well as 3 days low then closed at dPOC.


Failed auction at top.


Neutral center day and buying tail at low.


Outside day.


Sellers need to stay below 25340 else overlap and test higher 25420/465/510/540 and more bullish above that. Failing to stay above 25490 and staying below 25440 calls for test of 25390/25365/25335 and weak below that for 25290/25265 bounce else 25220/25175.


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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