As Nifty hit high of 5570.75(cmp 5536.20) on thursday but didn't sustain above 5565 on closing basis ..it shows weakness below this level as mentioned on blog earlier so keep on shorting at these levels targets are 5516-5500-5485 for next 2-3 trading sessions..stop loss will be 5565 on closing basis ....If Nifty breaches 5480 level on closing basis then it may soon test 5250 levels again..
