Hi frnds, well nothng new here, nifty closed very weak again and is still in sell zone, however with good global cues, we will see a bounce, now level to watchout is 4895, we will defntly be a gap up, but this level is sure to be watched.if by today and tommorrow we dun see nifty cross and close above 5171, we may agn fall quickly to 4895 levels.
so trade cautiously, dont jump into buys, may be we might get a shorting oppurtinity around 5171 levels
