14-8-2009 trading was profit booking after a big rise. Nifty closed at 4580 -25 points. The problem is that nifty future open interest was shed once again about 8 lakhs means no rise in short term?... Addition is required for a continuation of rise of markets. Global markets are all at sliding. FII data, F & O data, options writings are not on greenish side. SGX nifty is at -ve.

Over all view: Nifty short below 4400 and long 4730 for super bearish/bullish. In the mean time only intra day trading.