10-7-2009 trading shows that the weekly closing was at the lowest around -10%. Nifty closed at 4004-77 points. This is the trend after and break of neck line of H & S formation on the daily charts. OK. Every thing ie., FII cash sales, F & O data nifty future addition, option writings all shows weakness to continue further. SGX nifty, Global cues, Crude, commodities prices are too falling.
Over all view: Continue with shorts or puts for further fall. Indicators are yet to complete their downward journey. Nifty levels:3930-3550. But the question is whether the entire fall will be in one go or there may be a bounce at once.