Nifty is still looking very weak, and every upmove will be resisted.
for intraday, nifty will open close to 4060, and if 4060 is held, it will move up to 4133.
nifty might not cross 4133 for the day.
for the downside, if nifty sustains below 4095 during the day, it will see some weakness, and on breaking 4060, it can fall to 4047-4014 for the day.
i still dont see any trade to long nifty as US markets (DOW) is also weak and will fall anthr 300 points to 11,000 levels during this week.
so 4095 is the SL for all shorts in nifty now on. above it some longs can be initiated for intraday for the tgt of 4133.
