CHART-III
- NF Got resisted before reaching 6175. Today's high as of now is 6160. Hour stochastic has reached the overbought zone.
- So upsides may be limited to 6160 - 6175 today. Price may remain in a range of 6099 - 6160 to 6175.
CHART-II
- Nifty Futures did a gap up today. Gap between 6061 - 6099 is yet to be tested.
- Nifty futures has broken the main down trend line. If remains above above this line will start moving up. NF also should stay above the GAP for favouring the bulls completely.
- Next Main resistance is at 6175. NF will gather good momentum above 6175.
- One can stay long as long as today's GAP is not tested.
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