-Yesterday was the 2nd Lowest volume day of this year ’2011
-On 3rd Jan’2011 volume in NF was 190064.
-Yesterday volume :192563 !!
This indicates ,Retail Traders not interested to trade.
Mutual Funds…are confused..What to do ?FII’s just sleeping !
-Yesterday we had indicated to watch 5484 level.At opening bell it kissed 5497 -this is fat finger ….real high was 5489 & it crashed Intraday upto 5441 level and closed at 5466.85.
-Now ,What to expect ?
Support @ 5445-5436
Decisive Break below 5436 with volumes and stay for 5/10 minutes will take NF to
5413-5403 level in minutes only.
U all know ,We dont change levels everyday.Yes Hurdle exist at 5484
Crossover with volumes +should stay above this level for 5/10 minutes will take to 5522–5534 level.
(We want that rally should continue upto 5550-5560 level then will be good for Bears to go short fresh …other wise this is a Widow market …No charm @ all )
Will Update more to our Subscribers during trading hrs.
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