For the first week of jan 2012, letus hope nifty may get support at 4531. If not it may test 4200. If 4200 is also boken then 2500 is the target!.Above 4800, short term trend is up.Trade accordingly. Contact me at sethutec@gmail.com http://www.nseindia.com/ChartApp/install/charts/mainpageall1.jsp?Segment=OI&CDSymbol=S%26P%20CNX%20NIFTY Disclaimer: The sole purpose of this blog is for Education to the exclusion of all other things. Simply 'paper trade' till such time you get confident and are able to set your own targets.