IT was Massive Sell off lots of Stoploss Trigger.NF fails to take uturn from 5577.

Below 5728   problem for Bulls .

From low 2228 to 6349 if this was a Bull market

and

From 6349  to 5585 if this is bull market correction

Then

NF must not break 5357-5428 and NF must stop Correcting from 2 Feb2011.

If Close below 5428 For 3 consecutive days then Non Stop 4855.

What to expect Intraday  on 31st jan 2011.

Intraday Hurdle @ 5577.

Below 5474 Slide upto 5428.

STrong Support @ 5428

Buyer can Try their luck on 5428 with sl 15 points .

2 FEB Crucial day to Watch  For Trend

Watch magic of Gann Time Calculation

From low 2228 on 27 oct 2008 to High 6349 on 5Nov 2010.

Exactly Completed 2 rotation of  360 degree.

Now

From low of 5357 on 31 August 2010. To high 6349 on  5th Nov 2010.

Exactly 60 degree  rotation from 1st sept 2010 is 5th Nov 2010.

And

From High 6349 on 5th nov 2010 to 2Feb 2011

Comming Exactly 90 degree Rotation on 2 Feb 2011.

Million dollar ? will NF Break 90 degree Rotation and go  for 180 Degree or 360 Degree Rotation Correction ?

Price Calculation will play major Role with it  keep watching 5428-5357.