It was massive short covering. My target was upto 5655.and it was surprising move above 5655 in first attempt i was expecting NF to close @ 5655. But Nf made high @ 5693. and close @ 5680.70.
Above 5616 Nf will remain bullish and can touch 5767.
What to expect on 28th March 2011.
its Crucial day for Trend decider
5767 Laxman Rekha need 3 close + weekly close above this level
Hurdle @ 5728-5767.
Today if not crosses yesterday high then it can touch 5655.
have eyes on 5655 if break and stay below this level for 5 min then slide upto 5616-5611.
Intra-day Strong Support @ 5616-5611
Bull will terminate only if close below 5541.
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