
Today As expected after making high 5148 NF went lower exactly upto my support level made low @5070.10 & close @ 5081.30.
NF July made low @Exactly 5034

Bull Support @ 5075
Above 5075 NF will Rise again upto 5138-5175-5218.
LAXMAN REKHA 5218.
Note:
Maximum downside expected in July was 5035 which was halfway point of June.
4760+5309/2=5035.
July2012 half way point till now is 5199.
Consider Trend up If NF Trade above 5199 after July2012.
Consider Trend Down IF NF Trade below 5199 after July2012.
3August 2012 Crucial Day to watch.
IF 5075 holds & NF crosses 5218 then i m expecting 5630 to break on 17th August 2012- 5728 on 16th Sept2012.
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