By a Staff Reporter: Review of NF cmp 16570
Gap Up open as expectation at 16668then 16688 – as per our pre-open call expected upper hurdles indicated at 16690 to 16700. If fails to cross then Sell. Not crossed – so sell call executed lower Tgt 16666—16643—16610 all met – current low 16565. Morning gains fully erased & filed the Gap.
Traders those have sold at higher ends they may book profit as intra basis.
Remark :- current support 16563. Major 15528.
Intra basis Buy on dips near 16563 & upto 16530 if required with revised stop of 16491.
Source : Eureka