Today NF after making low 5055 it went upto  5134.65  exactly to my fist hurdle and fail to cross 5138 and slipped to close @ 5065.05.

Laxman Rekha Nifty Spot: 5113-5211.

Hurdle @ 5138.

Support @ 5050. Below 5050 watch 4996.

close below 4996 then nonstop 4855.

Important Date : 9, 12, 16, 22  December 2011.

Rectangle Formation: NF top 5175 and bottom 4718  =  457 point height

Probability

1)   5175+457=  5632

2)   4718-457=4261.