Tuesday, September 22, 2009

SETTLEMENT WEEK

Pivot for this week is NF 4922 with support at 4860 and resistance around 5043-5075.... break out either side will give a big move. ... though the technical target for this wave is around 5300+.
For today,Nf has to trade over 4968 for target 4995-5008... however break of 4952 will lend weakness to test the gap up zone of 4892-4917.