indian markets have been weak, and just rollover, and some manipulation in R group stocks pulled us higher, may be to short more at those levels.
nifty on a gap down can open around 4190-4168 and make another low( previous low 4093) of around 4080.
really there is no support and nxt closest target for nifty will be 3990.
for intraday, after the gap down, it can see some massive action , which could be either way, so may be a pull back of 50-70 points.
but an ideal trade would be not to play long, but to wait and short.
