5050 worked

Nifty took support at 5052, yesterday,,which was my support,,,another level i found was 5135...so

to my clients,,my message today at 5080 was to sell with target of 5052---5035..nifty hit 5025 and bounced back.

Todays closing looks,,,positive as it has taken support from lows,,but looking at intraday structure,i think its NOT positive...another crack below 5052 and,,it will be distribution phase.

unless nifty closes above 5146... my lower targets of 4950--4875 are open.