Typical Bull reversal, with market opening with huge gap up , immediately followed by Profit taking. Break of NF 3111 led to break of Bull rally ; complete reversal with close below previous day. The hourly charts have turned negative and the trend will continue atleast till tommorrow.
Supports for NF 2869-2745-2621. Resistance for today is NF 2962-2992.
Thursday, November 6, 2008
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