24/02/2012 Friday
Hi all,
Traders who can read market's mind and knows the levels will always prevail.
NF trading @ 50 points Premium makes it look that Bulls are in no mood to let the trend change as of now.
NF not breaking 5469 is making the market look like it's going to rise again, if the market does not fall it will not rise significantly either, not until NF closes above 5586, but yes one thing will surely happen, Options Premium will be nibbled out in this process.
News
It seems that market is waiting for some news which has the possibility to change the trend.
Bye