Today it was action replay of yesterday Nf made high 5451.80 and low 5404.45. no charm in market .

Read carefully .

NF made low 5397.60 which is exact Rotation completed from high 6000 made on 5th April 2011.- Trend Change

20th May 2011 is 45th day from high 6000 made on 5th April – Trend Change

20th May2011 is 60 degreee from 21 march 2011. low made was 5357- Trend Change

If not break 5357 then watch 5729 till 22 june 2011.

5729 is high made on 28th march 2011 which is 45 degree from 11Feb 2011 ( low 5175.10).

Problem for bulls and game over  if break and close  below 5357.

Support @ 5378  – 5357

if trade below 5397 then it can slide upto 5378.

above 5428 no problem for bull if crosses 5441 then it can touch 5467

5467 will face hurdle if crosses and close above this then watch 5541.

Holding  NF buy on 5428.