AS of now its looks like NF bounce back up side due to hourly OB. And as of now i am thinking
fall is not complete yet, some more fall is on the card.
In the above chart, the low point from NF bounced back is 5330.
Any hourly close above 5570...can stop this fall and can reverse at-once.
And Once it break and trade below 5535......again fall will start...
I think NF can fall up to 5380-5385-5386-5387...5390-5391.....and bounce back...
And if 5380 break then again have to check...
And in that case 5330 should not break,, then only NF can bounce back from any low point
and can start a small bull run.
Lets see...........
Again will post in Mid-week.
All levels and charts are for my own trading purpose,supports,resistance and target. Others can use it for educational purpose.
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