GAP DOWN EXPECTED ....

On Monday, profit booking came right on opening and Reliance looking weak. Sensex has left a gap at 10127-9941 orNF 3150-3069 which needs to be filled before it shows any upmove. Gap down expected with 1st support at NF 3150-3160. Break of NF 3140 will take it down to 3050-3060. It will be too early to say that reversal has taken... only break of NS 2960 will define the down trend.