
Today NF open above 4581 and after making low 4613 NF caught fire with help of Short covering it went upto 4725 and close @ 4711.

Don’t Remain Short above 4718.

Below 4718 NF will slide upto 4674
IF break 4674 then panic start it will touch 4647-4581.
Above 4718 Rally will continue upto 4811.
Monthly Chart indicating If NF close below 4674 Then it will Touch 4315-4055 till 27 January 2012.

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