Nifty made bottom of around 4245 in futures and around 14800 in sensex.
This was expected level for correction in this cycle though 4156 still possible.
But as world markets are oversold and Indian market as well nifty may see pull back up to 4455 in near term.
Use pull backs to exit long positions and book profits.
However if nifty closes above 4610 then 5100 is possible in short to medium term.
