At 12:48pm dow trading +146 points
everyone must be expected gap-up opening???
would be it sustain ... no ... it should not
try to book profit in nifty 5200 calls taken for hedge purpose bwt 5180-5195
add fresh short's in nifty fut around 5180-5195
long stop loss 5142 ... last hope for bulls 5111
bear's will have upper hand below 5111
day resistance at 5185 and 5214
Bull Fear Zone 5214 :::: Bear Fear Zone 5142
Still we keep our target of 4900 on nifty intact
closing basic nifty is not below 4830 ... intraday may be possible
wait & start buying near / below 4900 level's
avoid buying at current market level's
Those stuck in old longs use rise to exit for re-entering at lower levels
Watch out tatasteel for entering fresh short's at higher level's closed at 584.45
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