On Thursday indicated and again on Friday it was written :
-Above 4978 ,NF will zoom to kiss 5023-5038 level.On Friday kissed 5055 & closed at 5041.
Now ,What to expect from this level ?
-Two Consecutive close above 5029 level will take to 5110-5137 level.
-Now Suppose ,Today it is not able to cross high of Friday i.e 5055 & trade below 5038 level with volumes then ??
-Below 5038,Expect Intraday slide upto 4988-4971 level.
-Watch 4971 level very carefully.
-Once breaks this level with volumes and trades below this level for 5-10 minutes then watch panic selling .
-Below 4971……………..Target 4921 ,4904 level.
-Above 4978 ,NF will zoom to kiss 5023-5038 level.On Friday kissed 5055 & closed at 5041.
Now ,What to expect from this level ?
-Two Consecutive close above 5029 level will take to 5110-5137 level.
-Now Suppose ,Today it is not able to cross high of Friday i.e 5055 & trade below 5038 level with volumes then ??
-Below 5038,Expect Intraday slide upto 4988-4971 level.
-Watch 4971 level very carefully.
-Once breaks this level with volumes and trades below this level for 5-10 minutes then watch panic selling .
-Below 4971……………..Target 4921 ,4904 level.
-US Market are closed.
-So no worry for European cue or US mkt trend.
-So Today will see volatile movement in first half or upto 15 hrs & then……..in last 30 minutes will see one side move.
