DEAD CAT BOUNCE LIKELY.....

The Bears attack last week broke the Bulls Pockets as well as Spirit with all the stocks getting capitulated to unimaginary levels. A technical pull back rally likely with NF target as 3564-3632 in next two days. Bullish Pivot for today remains NF 3310. This is going to be just a bounce from oversold region. No Buy signal has been generated so far.