Nifty made a high of 5049 low of 4921 and closed at 4943 which is 118
points down from previous close.
As per our expectation Nifty came to 4921 and when this level is
broken the next target will be 4870.
For today if Nifty comes to 5000 one can consider shorting by keeping
5025 as stop loss for the target of 4920 and 4860. or
one can short Nifty below 4920 with stop loss of 4950 for the target of 4870
When Nifty reaches 4870-4860 we can go for long by keeping 30 points stop loss.
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