Looking at Trin indicator negative diversion has taken place....as y'day said Trin is @ support level(0.75 approx.)..though nifty made new high Trin has not broken support....and reacted there upward..at the same time nifty is resisted at upper line of mini channel..I think up side is limited and todday we will see red (may be little) or flat...
CONCLUSION- One can go short @ /around 4670/4690 with sl 4710 for lower tgts...sl is on closing basis.....tgts .. I think 4635/4615.......
