Tuesday, September 8, 2009

RANGE EXPANSION

Market did give a breakout as expected but low volumes is the cause of concern. The pivot and support now is NF 4765 and further down at 4735 with today's resistance around 4826-4857 from where minor reaction can come and then target 4900 in coming days. NF has to trade over 4786 for bullishness to stay.

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