Nov 23, 2010

EOD Update Nov 23 2010

An adrenaline filled day ... Today

Today in panic i squared all my positions just to see NF recover at the end.Owing to the War situation i went in panic and squared all positions.

But looking to today's pattern it is a range Bound movement between 5800 and 6000 NF.

A bullish engulfing candle spotted at the low of the day suggests if we cross and sustain above 5960 tomorrow it could be a bear squeeze and NF would definitely touch 6041 and 6141 Levels.

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