Daily market summary of NF and charts, data of NF & BNF -04Mar'25

After having dPOC skew higher at close in last session NF got a gap down today.It was bought quick and pushed back to close gap and travel back in last session range at open via drive..Then after IB extn met with exhaustion and all day remained as short covering profile then closed below dPOC.

This is trying to mark temporary bottom last two sessions but upside follow through not happening..Today got buyers decent effort at 22125 zone and that zone could act as support for next session.If this accepts fairly then chances for liquidation.

8th day of one time frame down.

Short covering profile.Job for buyers to push above this profile early in session.If opens lower then need to move back into value quick.

Same observation as yday, NF trying to get into balance for next few sessions.

Check plan for trade hypos.

Charts and data :

Notes :

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