Thursday, June 4, 2009

SUPPLY ZONE

Yesterday NF could not cross 4578 and tested 4475 zone. For today strength is only if NF trades over 4548 with pivot being 4531 and support around 4510-4483. Break of 4483 can take it to 4443-4434-4388. Probably a top of this wave (4586-4092) is formed and break of NS 4450 can lead to deeper correction.