Today it was Good Swing market in range 5138-5100.and later after crossing 5138 it zoom upto 5174 which was exactly My hurdle  & close @ 5155.

Msg sent :

Sell second lot  Nf @ 5164-5175 range  exit 5138.

Still holding Sell position  fist lot

Hurdle @ 12-16-22-23 September 2011.

Laxman Rekha 5175-5283.

Note:

From 4718 to 5138 i was very much bullish

Now I m expecting NF to Stay in range 5067-5217 till 16th Sept  and might from 16th It will go much higher upto 5283.

But After 23rd Sept If NF Trade below 5175 Then watch Big downside.

Watch First Bear Attack on 12th sept 2011.

From Above Nifty Chart, NF  says 5175-5217 Hurdle and buying  can be done only above 5175 closing

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