The market is uncertain with a negative bias. The traders seem to be in wait and watch mode. The negative sentiment, however, is increasing as evident from the last bearish pattern. So, it is better to be on alert.
Nifty technical suggest, bears are round the corner in short term and will attack soon. 7777 is my upper limit. Trader can short Nifty for next month or in around budget day. Market has already encased the good news. Now it's time to profit booking. Long term is still bulling. We are on verge of mega bull run.