4800 needs to be broken to see 4500

A Nifty close below 4800 can make us see 4500....Market is looking weak and exhausted...All indicators are looking bearish...even on higher timeframes like weekly and monthly charts...generally weekly and monthly charts give fewer and better signals...although there is a slight lag...Everything in life has a tradeoff.

I think its a matter of time before we see 4500 and lower levels...this is a market to short on rallies rather than buy on dips...but then its all a game of probabilities...keep your stops and enjoy the ride if it materialises