
Yet again flat opening for nifty at 4859.Spot nifty trading below 4860 is weak,compulsive traders can go short with stop loss at 4881.A close below 4857 is negative and a close above 4912 is positive.Volumes are very low so there could be sharp spikes on either side,best is to stay away and wait for the event to unfold.Jessi Livermore the legendary trader of yester years once said " there are days i will be long ,there are days i will be short,then there are days i go fishing".These are the times one can go for fishing.
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