Apr 26, 2011

EOD Update April 26 2011

A traders Regime.


After a south wards journey NF managed to scale a high . Bearishness still Prevails. As such Remain Short with SL of 6044.


For tomorrow resistance lies at 5920 above which a quick dash to 5946 and sustained move above 5946 would lead to 6044 - 6090 NF.Contrary Below 5840 again a down move to 5780 -5720 would be seen.


The political picture is still uncertain hence reamin short only.

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