COUNTERATTACK BEARS.....

Any effort by Bulls is being fizzled out by strong Bears. 'Evening Doji Star' in daily chart yesterday is a matter of concern as it means more bearishness to come. Also we have formed Gap Down Island in sensex at level of 11374-11434. Only after overcoming this island, we can see some relief. Today, Gap down opening will see short covering in NF. Support around NF 3217-3167-3132 for today.Resistance for the UP rally will be NF 4287-4532.