For every Rise there is a Fall

The market is behaving very violently to every rise as every body is skeptical about the rise. The Asian markets fall could help the bears to wage their war at highs. The market made a double top at 4151 but the bottom support is strong so long as it trades above 4080 range. The heavy weights supports should not be breached tomorrow- like RIL above 1573-75, ICICI above 862-64, Infosys above 1920, ONGC above 883-85, Bharti above 820 and RCOM above 465 make the Nifty to float above 4080 level.
In the previous posts stated the Nifty should pierce the resistance of 4171 with in two trading sessions to cross the all time high. Though the bull power is restricted at that level, tomorrow they should focus to trade above 4150 level in the morning trades to give afresh call to cross the 4245 level. Whether the Nifty crosses or not the Mid caps will perform even the Nifty leads southwards.