Thursday, June 25, 2009

Settlement Day

Month of june had been bearish and now we can see recovery from the lows with 4350-4415 as resistance zone. For today, NF has to trade over 4268-4280 and preferably close over 4350 for strength. Resistance around NF 4333-4360. Expect range bound with volatility with support around 4242-4250.