Wednesday, January 4, 2012

Doji turned a Dragonfly Doji?

NF in Daily Chart
Monday Doji was confirmed though it was not exactly Dragonfly Doji but yesterday's superb move of 120 points in NS may confirm that too.
Yesterday's  HEMA 4724 will become the support and yesterday's high 4773 will act as immediate resistance.Hourly NS is slightly overbought. From 5099 to 4531, 0.38% fibonacci retracement is 4747 and that is done. 4815 is 0.50% retracement. Above that level NS may target 4882 and 4950.Buy in dips is the mantra.





TT Data has been updated.

Before Trading please see the Golden Rules and TT Data

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