After making low 4760.50 on 4th June it was clear  that NF is going to move upwards till19th June & NF made high @ 5191 on 18th and high made till 22 June was 5191 which was crossed next day. So next high is expected on 3rd July2012.

Hurdle @ 5338

If crosses 5338 with volume then it will touch 5382.

Below 5338 NF can slide upto 5234-5193

Strong support @ 5183.

Note: 

NF had crossed 5234 so  maximum downside can be upto 5183.

Crucial day 3rd July 2012 , Just have eyes on high made till 6th July if crosses then NF will Fly upto 19th July 2012 which will complete 45 days

Above 5234 All time high is cumming very soon …. 

Daily chart

Weekly chart indicating IF Nifty Spot cross 5400 then watch Blast in Indian market