Thursday, March 12, 2009

DUE FOR RECOVERY

U.S. markets gave a strong rally on 10th though we were closed for two days. We are in oversold zone and are due for recovery. As long as NF trade over 2578 the targets are 2633-2662- 2679. Nf weak below 2563 to test 2533 again. Asian markets being flat, watch the High and Low of NF in first 15-30 minutes. Watch NS 2628 and 2663 as resistance for two days.