Monday, October 26, 2009

SETTLEMENT WEEK

Pivot for the week is nf 5050 with resistance at 5126 and support in the zone 4954-4910. Nf has to trade over 5044 for bullishness though 4970 should act as a good support. For today, the pivot is 5016 for target 5025-5044 and support at 4989-4970. Bullish over 5052-5064... Lets see how the market reacts to extended hours of trading in next few days.