Expiry Day

Well market declined much more than what I expected it to in one day. However we are close to short term strong support(4200, 4150) so I do not rule out a fierce short term rally fuelled by short covering. Intermediate term and longer term, I do not see anything exciting to be bullish about but short term bears can feel some pain. Break 4160/4140 area and the bears will rule big time...Retest of the lows and even lower will come if this happens.

Trade Safe.

Best.