Nifty was trying to recover some lost grounds, however with a gap down , it will be hit hard again.
in a gap down, nifty willopen around 4452, and fall till 4415.
after the gap down, if we get nifty around 4430-40, that time it can be shorted for a tgt of 4392 for the day, sl 4455.
if 4392 is not broken, nifty can pull back till 4450 for closing.
a target of 4200 is still wide open, where some buying will emerge.
