Monday, May 2, 2011

For 03-05-2011.


This fall can end up very soon and can start going up side for breath or to complete last leg of main C wave, or fall can continue for two days more before take a breath.

Nearest down side supports are at ---
5686 - 5666 - 5661.

NF is weak below 5738,

So,stop loss of short trade is 5738.......
Down side targets are the down side supports which mention above, and if go there can revers
from any support.

And For Immediate long side trade from current position... If NF can
trade above 5771 for 5-10 minutes then can go long for the target of 5870 with strict stop loss of 5738-5730.

We can see major whipsaw tomorrow.....So trade carefully tomorrow.







All levels,chart are for my own trading purpose, supports ,resistances and targets. Others can
use it for educational purpose.

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