NF closed weak on all time frame in last session with bell balance. Imbalance next expected. 19275 accepts means expected move for 19320/19350/19380. They had a OAIR around 19275 then started moving up as trend day till 19360 then gone for P profile into close with close below dPOC.
NF moved higher above weekly res zone marked at 19315. Downside they are arresting for time being.Possible for balance again now. 19260-19270 buying tail of the day support now for this view.
Short covering profile but closed below dPOC with selling tail at top. Buyers need to sustain above 19355 early in session and once sustains should not come below 19320. Failing to do so overlap session possible in two days value area.
Levels wise for next session, move above 19355 could get 19380-19390 then accepts above 19415 possible to get 19440/19470-19480. Failing to stay above 19390 and move below 19335 could get 19310-19290/19265 if sustains 19235/19205-19190 possible.
Charts and data :
Detailed plan with references to carry forward, actionable trade hypos for next session, any importance nuance from the day and view based on weekly and monthly time frame are available to members in private blog.Above report is only part of it.
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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