BE CAUTIOUS WITH LONGS IN NEXT WEEK STARTING TUESDAY

ANY DAY CLOSE BELOW 5354NS MAY GIVE FIRST INDICATION OF DOWNSIDE
SUPP BELOW 5354 ARE 5313-5282

EXPECTING NS TO TRGT 5230 NEAR LEVELS ON BREAK OF 5354NS

A BOUNCE FROM 5230 TOWARDS 5330 AND THEN TOWARDS 5100-5070 LEVELS AGAIN
SL IS ABV 5447

ANY UPMOVE ON TUESDAY TOWARDS 5390-95 RANGE (50%) AND MORE NEAR 5424-29(REST 50%)CAN BE SHORTED WITH SL ABV 5448

ITS LOOKING DIFFICULT FOR NS TO BREAK ABV 5405 BUT OPERATORS MAY PULL UP NIFTY TOWARDS 5424-48 TO HIT SL OF SHORTS AND CREATING BULLISHNESS FEELING IN RETAIL TRADERS(HAVE STARTED TO DO SO BY WRITING PE IN HUGE QTTY)..AT THE SAME TIME CHANNELS WILL HAVE ANALYST SHOUTING FOR 5600+ WILL BE STRONG INDICATION FOR DOWNSIDE IN NIFTY