-On Friday it was written 5424-5436 are Hurdles.
-Above 5436 ,Our Tgt was of 5472-5484 levels.Just see it kissed 5482 & closed at 5466.
Now ,What to expect from this level ??
-As expected NF was not able to break 5330-5320 level and rally started.From last 2 days we were writing …if rally occurs…it is good for Bears !!
-Friday’s volume in NF was lowest of last 6 days !
-Now ,Today just watch 5484 level very carefully.
Crossover with volumes and stays above this level for 5-10 minutes will take to
5522-5534 level.
Support exist at 5444-5434.
Break below 5434 with volumes will create panic upto 5406-5397 level.
-We want in this rally it should go upto 5550-5565 level ,
Will be good for Bears to go short at higher levels.
-Always Remember against the trend it will either move up or down for 3 days or maximum 5 days !
Will Update more to our Subscribers during trading hrs.
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