sgx nifty trading @ 5420 level...it may go up.. up to 5466 ..5470 level...from there it self expecting sharp correction.....5525 is the laxman-- rekha.....for positional short closing basis...
intraday call.....
one can short nifty 25% at the opening @ 5420...next 25% ..@ 5450...... next 50% @ 5470 level with 5488 as intraday stop-loss.....tgt.....5320...+++ ( avg shorting rate should be aroung 5453 fut level....with 5488...25 points stop-loss...)