NF made low @ 4718 which is Exact level of  U-turn

Support @ 4717

If trade above 4750 then watch 4786

If Crosses 4786 and stay above this level for 5 min then Short Seller will commit Suicide. NF will fire upto 4855.

Hurdle @ 4855.

2 Close above 4855 Then NF will touch 4996.

Above  is Nifty Daily chart which is showing Falling wedge pattern So NF must Take support some were around 4581-4650-4695-4717 and take u-turn for sharp bounce upto 4996. till 12/9/2011.

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