Mar 9, 2011

EOD Update March 9 2011

Sellers at Multiple Tops ...

Earlier when NF touched 5611 the seller took it of 5398 . This time obvously the seller at 5572 would take NF to 5257 or 5157 at the max. Later the market will only decide on the further trajectoty.

For tomorrow 5571 NF is the resistance area and above it we may zoom to 5620 the last top. On the contrary below 5480 carnage awaits in the market till 5420 - 5398 again.This time it may not take support at 5420-5398 and may staright way go to 5317 - 5310 - 5256.

Sell Sell and Sell is the mantra Now.Targets 5200 - 4800 -4500

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