Nifty is defntly weak, my levels for the day are at 5262, 5170, 5084.
on the upside, nifty will gain strength only above 5380-5400 levels.
nifty is strictly moving accordingly to technicals, and a positional trade would have been perfect, however with volatile global markets, its not safe to carry overnight positions.
for today, i see RIL as very weak , and will lead the downfall.
nifty futures below 5242 will fall quickly.
so a safe trade would be short at rise.
