-From last 4 sessions never written to go short either in NF or Bank NF or any stocks……………………!!
-On Friday written above 5565 will take to 5613-5629 !
-During trading hrs ,We had updated that NF will zoom to kiss 5693 level …………Exactly it made high of 5693.
Yes ,Two Hurdles for Bull’s !
"5758 is LAXMAN REKHA"
Three Consecutive close above 5758+Weekly close will take to 5952-6017 level.
3DEMA -5591 ,7DEMA -5529
In Panic in Decline……These two will act as support levels.
Daily ,Weekly chart favouring Bull’s -But Extreme short term highly overbought.
Trading above upper band of Bollinger.
Suppose not crosses 5693 -High of Friday & Trades below
5672 with volumes then ??
In Panic may slide upto 5609-5588 level.
Above 5693 if trades for 5/10 minutes………..Rally may continue but remember our Laxman Rekha exist at 5758.
We are not having long postion.Sold NF ,Sold Bank NF ,Sold Bank Stocks..all trading calls.Now will Buy above 5758 level only or just waiting for one Intraday fall upto 3DEMA with stop of 7DEMA !
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