Nifty made a low of 4841 high of 4877 and closed at 4860 which is 11 points up from previous close.
Nifty formed a doji sign today which shows a reversal signal .
So if Nifty opens high it can be shorted in between 4880-4900 by keeping 4925 as stop loss for the target of 4800 , 4780 and 4750.
Or it can be shorted below 4840 by keeping 4880 as stop loss for the target of 4780 and 4750.
All prices are based on spot trade with strict stop losses.
As today is INFY's result it can change the whole market tone.
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