NF trend UP
tgt > 6222
a phenomenal rise fuelled by a surge in Large caps ....dats wat 1 gets a 1st impression....bt if 1 digs a little deeper,u wil see dat d real back bone of a sustained rally...the SMALL CAPS(kids) r actually on a profit booking spree since over a week. so wat can b drawn frm dis ?dis may b d quest in 1's mind.....wel, it does not auger well for d main indices(parents).d main indices r also showing negative divergence in daily RSI too. so going forward, d kids hav 2 catch up wid d parents else v may see parents coming searching for d kids..bt also dis does nt mean.. start shorting. unless v get a trend down, v r stil wid d parents.jst a note of caution for 2 b fresh incoming bulls.
