Daily market summary of NF and charts, data of NF & BNF -28Jun'24

NF had 3rd day of one time frame up with incomplete auction at high.Move above 24140 marked for 24240 which they got by drive then all day remained in IB range then closed at dPOC.

Buying tail.Normal day.

4th day of one time frame up.

Left poor high at ATH.

dPOC skew down and closed there.Squeeze if allows probe above 24200.Holding below 24200 overlap in value then look for follow through down side.

Swing support same 23900. Next probe 24200 done and 24340/24440 remaining now.

Levels wise for next session, move above 24165 could get 24195/24220/24245 further bullish above 24250 for 24290/24330/24370/24420-24440. If fails to stay below 24070 and accepts above 24110 then could probe 24140/24180/242220/24225.If fails to stay above 24190 and accepts below 24150 could get 24110 weak below that for 24080-24065 if sustains could get 24030/24000/23970-23960/23920 possible.

Weekly :

Last week on balanced profile closed below VAL with weakness.Staying below 23570 probe was for 23350/23280/23240 then bounce expected back into two week balance and above 23570 marked upside for 23640/23720 then till 23920.NF opened the week swiping below weekly low to get till 23335 then bounced and closed at 23570 at start of week. Remained higher rest of the week and probed till 24240.

Multi distribution trending week closed above dVAH. 24050 pivot for coming week. Holding that could go back to test weekly high zone 24200-24250 if sustains 24310-24340/24420-24450 probe if sustains 24520/24650. Below 24050 test of 23970/23920 bounce else 23840/23770-23740 which is solid support goes means 23650-23600 zone probe..

Monthly :

June expected probe towards 23920 and it has surpassed and closed higher above that. Large outside month. 23600-23700 support band for July. 23900 immediate support and holding this upside is open till 24340/24450/24600-24650.Below 23900 test of 23700-23600 then bounce possible.Below 23600 could get 23440/23300-23250.

Charts :

Daily

Weekly

Monthly

Data :

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