REACTION FROM OVERBOUGHT

Yesterday, for the first time, selling was seen through out the day since the wave started from 2963. As global markets are positive , we may see some positive reaction. Last two days have been long range days. NF has to trade over 3417 for target 3459-3484. Any time break of 3387 will bring weakness all the way.... Maximum target this month is NS 3522-3594 and yesterday we almost achieved first target.