Nifty looks like it has been in the range of 8378-8460 for a few trading days now, it has a an resistance at 8461 and an immediate support at 8381 levels, I am long on nifty as off now need to wait for it to break its resistance to see any kind off up move in nifty failing which we can see a bearish move all the way till 8290.
Komen:
exited long position, SL was at 8401, going SHORT on nifty now