Very crucial level was NS 4740 creating panic and more shorts. Any bounce back can be till 4930 as we are in oversold territory in daily charts. Weekly pivot is at NF 4814 with resistance at 4937 and support at 4586. For today, the pivot and resistance is NF 4752-64 with support at 4642-4623 . strength only over NF 4792
Tuesday, November 3, 2009
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