Today nifty recovered as expected in late afternoon gaining back all its negative from morning.
Now nifty looking good for 4700 with sl of 4380 in close.
Whatever might be valuations indian market set to go up in short term due to money flow.
Use dip to buy stocks in futures and use nifty intraday high to buy puts for hedge .
Tomorrow we are looking at 4533 in futures(sl 4440) and if close above 4550 tomorrow we are ready for next blast.
