2 Close below 5138 then Nonstop 4855.

Crucial Date 8th August 2011 .

I m expecting one bounce from low made till 8th August 2011.

Intraday, below 5175-5161 If stay for 5 min then slide upto 5138-5090.

And

If trade above 5197 then Rally will take NF upto 5258.

Hurdle @ 5259.

Close above 5259 then rally can extend maximum upto 5357-5405-5428.

Laxman Rekha 5428 Impossible to cross it, before touching 4855.

Note: 

NIfty will not cross All-time  high 6357.10 Till 8- January-2013.

Its 5 year Bear Cycle.