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Daily market summary of NF and charts, data of NF & BNF -24Mar'25

Writer: RKRK

Buyers got gap after a P profile and held the gap on ORR down move then got extn higher and remained as another short covering profile then closed at dVAH.


6th day of one time frame up after gap up.


Short covering profile leaving poor value area. For open buyers need to defend 23650 and incase of gap and drive they should defend 23700 for entire session after gap. Failing to do these could fill value area and test VAL and lower balance of the day.


Swing long cleared 23520 and 23600 and remaining obj zone is 23800-23850 and negation moves to 23530 from 23350.


Check plan for trade hypos.


Charts and data :








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