SUPPORT UNDER THREAT

Yesterday, the support was held and could rally till NF 4515. With the Asian markets showing negativity, the monthly pivot of NF 4400 may be under threat. Watch NS 4380... break of that will call for more shorts as next weekly support is around 4335-4294. Today's pivot is NF 4459 with support around 4400-4382. NF has to trade over 4426 for any upmove. Strength only over NF 4497. Daily indicators are still negative.