NF made exactly low to my support level 8653-8686 and taken Uturn As it was expected Today made high @ 8900 and close @ 8889.95
Support @ 8686.
Above 8807 Be ready for 9187.
Now 8686 cannot be Break even if it is worst budget
Expected NF closing @ 8686 or 9187.
Today after making high 8445 NF started sliding and went lower upto 8735.20 and close @ 8753.45
Hurdle @ 8840.
If Trade below Today low then slide upto 8686-8653.
NF can go below 8653 only if budget disappoint
Last week NF made high @ 8939 and close @ 8849.45
Support @ 8686.
Above 8870 NF will touch 9187.
AS it was expected NF will take Uturn from 8515-8468 it happen , NF made low @ 8498.10 and Touched upper target Last Friday Made high @ 8870.65 and close @ 8841.55
Strong Support 8686-8730.
Above 8807 have eyes on 8871 If crosses then NF will touch 9187.
Today NF Made low @ 8553.25 and close @ 8562.9
Hurdle @ 8653.
Below 8653 NF will slide upto 8515-8468
Buy with stoploss 8468 NF can bounce upto 8653-8840.
Today NF made low @ 8805.45 and went higher upto 8925 and close @ 8859.65
Hurdle @ 8935
Below 8840 Watch Nonstop 8653
Close below 8653 then Nonstop 8317
AS it was expected NF will make high Between 21st Jan 2015 – 4th Feb2015 it happen exactly on 45th Day from low 17th Dec 2014
Last Friday NF made high @ 9029.5 and Selloff stated Nf made low @ 8827.4 and close @ 8872.65
Hurdle @ 8935.
Close Below 8840 Then NF will slide Nonstop 8653.
Close below 8653 then 8317-8285.
Watch High and low made in January ,Until these high prices are crossed or low prices broken, consider the trend up or down. Many times when stocks make low in the January, this low will not be broken until the following July or August, and sometimes not during the entire year.
This same rule applies in Bear markets or when the main trend is down. High prices made in the January are often high for the entire year and are not crossed until after July or August.