(Updated on 09-07-12 Time 07.40 AM)
In last post we mentioned that below 5335 it
would touch 5302.
NF formed low at 5297.40.
Now for today…
Trading below 5320 slide up to 5306-5297.
If sustains below 5289 With volumes then
panic selloff may drive it to 5265-5240.
In order to continue the upside it has to
crossover 5340-5355 area decisively which
seems a little difficult.
If succeeds then expect 5376-5393-5413.
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