NF had a failed trend day in last session with poor value area.Odds of balance expected next.Failing to accept in buying tail looking for a move back to POC then balance expected.NF moved down to yday tail zone rejected and moved back to yday POC then closed at high.
Inside day which repaired yday poor value area.
Today auction left anomalies in profile and need a repair again.To avoid that buyers needs to push higher early in session then defend value area all day.
Last 3days got volume less than average..So, job of buyers now to defend 22190-22210 and stay higher all session next..Failing to stay higher and moving below this band could repair today profile and move down.
Levels wise, failing to stay below 22195 and move above 22240 could get 22270-22280 if sustains 22305/22325/ possible further bullish above 22335 for 22360/22390-22410. Not able to stay above 22260 and moving below 22210 could test 22180 and weak below that for 22150/22120/22080 and further weak below 22070 for 22045-22025/21995-21985 if sustains 21950-21945/21920/21885-21870 possible.
Charts and data :
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