As mentioned on 18 Feb 2014, NF touched 6126 and made further high. Remain short as long as 6167 NF held on hourly closing basis. No NF trades made in these sideway movements. Upside cluster of resistances and downside cluster of supports
available. Market may move
sideways.Option writers may get benefit until the either side breakout.
Trade
with strict stoploss to safeguard the positions.
****Read the disclaimer before you take trading decisions.
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