Penetrating through the supports Find how it supported at 4968 toady. Next support around 4800. The RSI too broke support as expected (not shown here).

Price is hovering around the support line same as It was on last Friday.RSI support may break as there is a neg: divergence showing weakness. A break below 5040 nifty will fall below 20 dma & raising trend line starts from march which can take nifty to 4950_ 4750 and more.On holding 5040 nifty can reach to 5300

My Nostagic moments I use to sit on the culvert besides the way , and I was so happy to see an youngster drop by me and ask me …. my well wishes and, he share me his time a lot with me. I wonder looking at him some time when he descend from his bike , very rarely , other wise he use to sit on the bike by supporting his leg… I was a poor child in my teen , playing alone on the road in front of my small house. He was young & enthusiastic and I saw him always with laughter and etiquette with ritual marks on his forehead, where as me always in a same trouser… if I couldn’t see him coming.. my mother use to twitter me, da… your kannan in coming .. and I run for him.. .....................................................................A tsunami came and it took me away to the metro and again the second wave drift me to middle east. But he was so burly and based , nothing touched him. God blessed him for his compassion& vigor ever. He became like an oak tree with roots deep aground him, the branches sheltering many birds, there are joy around him…. And me, I find some relief on the other shore, become strong and well but by the time I look back home I find that I am a looser. I literally lost everything I like. My mother is far away from me , am a stranger to my folks now. what I have is some count of bread in my basket.......................... God blessed me too . other wise how could I stand erect alone in the dessert. Now I started ploughing up my land in native to nurture a tree atleast not an oak which can be useful to few lives and children paly around me and the loving clouds showers on me , they will create a dew pond near me and I will shed an acorn into it, to see the ripples calling me feel cool........................... I am nostalgic as I saw him today

nifty_myview A Fall of the entire pull back can be expected as the rsi brk short TL. Major peak supports & 50 DMA both around 4750. Only on breaking this level one can expect 4140. Let us see how the correction will resolve further.