Daily market summary,plan charts and data of NF -03Apr'25

NF got gap down and bounced off straight with drive to complete IB then stalled and did quite slow one time frame down to close at dVAL.

Short covering auction closing at dVAL = weakness. 23370 immediate res for next session and buyers need to clear this early else retest of PDL and liquidation below that.

Swing res now moves to 23420 from 23600 and support at 23250. Buyers at any cost should defend 23250 else weekly could see more downside towards 23150/23050-23020. If 23250 holds around then balance possible between 23250-23340-23420.Squeeze above 23420 for the week.

Check plan for trade hypos.

Chart and data :