The war is on, No matter who wins!

As posted yesterday the bears ruthlessly slaughtered the weakest and did not even spared the stoner one. The war is on, no matter who wins finally but try to be in the winners club, always to keep a smiling face at the end of the day. The level of fall is deep and the USA is going to add fuel to the fire for tomorrow. The Asian markets calm but the European markets spreading meltdown material.. The Nifty has good support at 4141-43 and the best and the last hope for speedy recovery support available at 4079-75 range. Until the best support isn’t broken decisively the hopes of recovery to scale new highs are intact.
The viewers might have reduced their carrying long by 50% as requested 4 days back and might have gone short below 4283 level. The long-term buyers for medium term view can initiate longs after Nifty touched the 4075 level. This time the best buys could be generated from pharma and tech stocks. The recovery of any kind be used to off load another 50% tomorrow itself..