5190 DONE .......NOW WHAT ???

Today nifty made a high of 5182..i would consider 5190 tgt given here in july-09 done.this level was a target as an important resistance level.on the muhurrat day, nifty high was 5175..todays high was 5182,we have seen some intraday burst of selling at our levels,,with auto-it already off their highs and not recovering too soon...and reliance showing weakness today,suggests that we may have hit a short term top..confirmation nedded..a technical confirmation comes in many ways ,for some it can be only a lower top-lower bottom, for others it can be some ma crossovers..for me 5046 oct nifty future is the level to watch,a more valid one will be a breach of 4910, but i think that could be a quite late confirmation for day traders.rsi/roc/bbands in nifty/reliance JUST have started to show something.lets share.a faster move below 5046 will work for bears, but such a move above 5152 oct f nifty can VERY EASILY NEGATE all short term bearish probabilities.