niftyji

Those who want to take risk of going long may take with caution of holding the positions even if market corrects. A strict stop loss of 4720 and 4650 can be used for exit and trade reversal if you become bearish for any reason. Those who are short or want to go fresh short should keep

4 960 as immediate stop loss. Market will show merciless move above 4960 without giving any chance of short covering.