5000 for nifty ...crucial

Bearish moves,which seem to have all characters of panic sell-offs,suddenly gets disappeared, at our supports. a character of bull markets. but markets clearly unable to hold even higher levels,without participation of banking and reality sectors.

A strong move above 5075 can some how drag nifty around 5150 again,,,but on the other hand bears will be taking control under 5000,,,4990 for dec f nifty.

and ESPECIALLY if nifty closes below these levels, we may see another leg of down move.

DONT forget 4860 on closing basis, coz. if now onwards, a close below 4860, will put 4536 under threat.