Market Outlook On broder basis

Dear All,

Nifty in coming days can Target 4500, 4380, 4250 levels , We have gone short today with stoploss at 4790 on closing basis .

We have Shorted at 4700 levels with stoploss at 4790. We believe that untill nifty closes above 4790 for two days we see high volatality and weakness in market above 4790 if traded for two days Nifty will target 4850, 4980, 5095 ( chances are slim but market can surprise us)

Thanks & Regards

Abhay Mehrotra