For 09 June 2009

I think downtrend will continue at least up to 4350/4330 level.....
Today go short near 4485..for tgt of 4380 /4360( may be intra or positional...depends)...sl for short is 4495 on closing basis....
if nifty closed below 4380 then might be heading towards 4298/4270.....
sell on rise is 'MANTRA' for at least two days..or until nifty close abbove 4495 level...
goodluck!

For 09 June 2009

Here is chart of NSE trin.If trin resisted @ 1 then nifty will not go below 4350 level ( at/around)if trin crossed 1 then may towards 1.1 and nifty may touch 4200 ( at/around).....lets see