NF Had made 3rd positive Weekly closing , Made High @ 50644.80 and close @ 5047.85

From High 6338 To low 4531 Nifty never made 4 positive weekly closing .

Hurdle @ 5093.

Cross and close above 5093 then Rally will continue upto 5200-5237.

IF not crosses yesterday high and Trade below 5022  then NF can side upto 4994.

Support @ 4994.

Read Carfully 

Buyer can hold NF long with stop-loss 4986. For Target 5200.

Fresh Selling only below 4986 with Stoploss 5022.

If  any one holding short position then have to cut if close above 5022.

Note:

99% of High and low are made on Moon Phases

After 23rd Jan2012. Next Moon Phase is on 7th Feb2012.