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(Updated on 26-09-2012 at 07.30 PM)
Yesterday indicated that trading below 5675
would drag NF to 5661.
See yesterday it kissed low at 5661.90
Now for today…
Dont need to change the levels.
Below 5675 expect slide up to 5661
If trades below 5660 expect slide up to 5643-5636.
5696-5703 hurdle zone.
Closing below 5615 may drag NF to 5591-5555.
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(Updated on 25-09-2012 at 07.30 PM)
Yesterday mentioned that break below 5691 would touch 5675.
NF formed low at 5675
Now for Today…
Crossover 5688 expect 5703-5715
Sustained trading with vol above 5715 see 5735.
Trading below 5675 for 20 minutes then
expect sliede upto 5666-5661.
If sustaines with volume below 5660 then sell off up to 5645- 5631
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(Updated on 24-09-2012 at 07.10 PM)
Break below 5671 expect slide up to 5682-5675.
5650-5645 support zone for intrdaday.
5725-5742 hurdle zone.
5600-5628 is strong support zone for short term trend.
Three closing above 5757 See non stop rally up to 5961.
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(Updated on 17-09-2012 at 07:30 AM)
Crossover 5633 with volumes may drive NF to 5648.
If trades above 5652 for 15-20 minutes then NF will
rise up to 5667-5673.
5595-5584 intraday support zone.
Break below 5580 Expect slide up to 5567-5555-5537.
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CMP:255 and Stoploss below 252
Target: 262-270
Long In
LIC Housing fin, GMDC, STER, Andhra Bank, Rel Infra, Jet Airways
HDFC Bank, DLF, Cairn, JSW Steel, IGL, Yes Bank, ICICI Bank
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