It's not a bull run

Don't rush in buying at current levels. Some things are left behind still. Nifty has closed above 4500 level today. Tomorrow also if market manages to close above 4500 level, then consider going long.

Else short, short, short on every raise.

Here are some script to go short. Please follow stop loss strictly.

1. ICICI bank short entry stop loss 799
2. DLF short entry stop loss 366
3. ONGC short entry stop loss 1067
4. Rel Cap short entry stop loss 904
5. Rel Infra short entry stop loss 1182
   

Unless Reliance industries breaks and close above 2084, I don't believe this up move. The above given entries are just my personal views. So traders can verify with their own source before entering in any positions.