Inspite of yesterday's rise, nothing has changed for the markets.
The levels of 38500/11360 are now a huge/formidable resistance for the markets.
The downside will accelerate further till 37464/11050 in the days to come.
The target for this dip should be 36300/10700.
Keep a closing SL at 38541/11375 and remain short.
In stocks, we continue to have aggressive longs as well as shorts.