No fire works from N-deal???

We are in fix between a little +ve from N-deal and very strong _ve global cues.  Fundamentals are weakening further.  Q 2 results will show this.  Credit crunch & PM statements that we were also to get effected from Global effects were all supporting the prediction of market fall further.  But as our markets are very strongly operated markets (controlled by some strong groups) we are unable to predict whether our markets will fall or take a rally to mesmerize all small investors for grabbing their money further.  

Hence, for today's trades whether to go by global cues and short or wait for a rise due to signing of n-deal on saturday between India & US one has to go by intra day charts.  We can not take risks with the reverse option buying as we are in first week of the month and premium are very high.  But remember that market will fall for this month below nifty 3700.