MARKETS LOOK HIGHLY BULLISH EVEN AFTER 3 DAYS OF GOOD RISE. JUST LOOK FOR AN INTRADAY DECLINE TO BOLDLY BUY & HOLD. GO LONG BUT HAVE STOP LOSS BELOW THE FUTURE LEVEL OF 5860 TO REVERSE FOR SHORTING BELOW 5860 FOR GOOD INTRADAY GAINS. NIFTY FUTURES FAILING TO HOLD 5860 CAN FALL TO 5838 AND A BREACH OF 5838 CAN SEE NIFTY FUTURES SLIDING TO 5816 FROM WHERE IT WILL MOVE UP AGAIN. SIMILARLY ON THE HIGHER SIDE IN CASE NIFTY FUTURE SUSTAINS ABOVE 5929 THEN IT CAN SHOOT UP TO 5949 ABOVE WHICH NIFTY FUTURE CAN EVEN TEST 5970.
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