As long as the markets manage to recover above 48581/14571 after any gap down opening, the outlook for the rest of the day would be neutral.
Only with a close below the above levels will be a cause of worry for the bulls.
On the upside, we have 49000/14700 and beyond as a heavy-duty resistance zone.
Aggressive traders remain long/keep adding to your long positions till 48152/14442.
Conservative traders can look at stock-specific opportunities or take long trades on the NIFTY with a tight SL and small targets.