Nifty was very close to breaking my range(the red lines in the chart), and i expct panic if 5000 is broken.
Today, nifty might open flat, and if trades above 5034, will be safe.
anytime below 5034, it will try to break 5000 levels.
Breaking 5000, nifty can fall to 4957 levels for intraday.
If nifty is unable to cross 5034, thn short it with 5061 SL, and hold it for tgts of 4957.
