It was a very volatile session of trade for the Indian equity markets,  after making low @ 5536 in fist 15min NF spurt upto 5125.70 and suddenly taken uturn and made new low @ 5014 and close @ 5066.75

Msg sent: 

Buy Nf @ 5067 target 5138-5175.  ” sl triger 5050.

sell Nf @ 5050-5067  target 4996 still holding .

Days to watch 22nd and 29th August 2011.

Hurdle @5093.

IF trade below 5067 then NF will touch 4996.

Support @ 4996.

IF break 4996 with volume and stay below this level for 10 min then get ready for 4885-4855.