Expert advice :

Cash Nifty:--Recovered more than 50% of correction---supporting that we are in major bull market---we can not ignore the possibility of some correction of this rally---or may be some sideways days---till it hold 4750 level hold long positions--20 and 50 sma is 4885--4925, major resistance zone between 4950--4980----if it unable to hold it then next target between 5050--5085---possible supp and resis level are 4820---4750 and 4950---4980.But suggestion is if long than try to cover it and take some profit at gap opening--and wait for dip to re-enter---


Reliance fut:20 and 50 sma resistance levels are 2065 and 2080---expecitng some correction from these levels--possible supp and resis levels are 1980--1930 and 2060--2090