We see nifty  opening with  gap down.We see a remote probability of it touching the resistance at 6120.We are overtly bearish on market for the day & see 6035 & 5089 as major support or target for down move. All prices are cash prices. We see 60% chances of lower level being achieved & for the higher level termination of down move only 40%.SELL WILL BE THE BUZZ WORD OF THE DAY.

(1)Sell RNBAXY  at 600 with the stop of 610 for the target of 570 or lower. All prices are CASH prices.

(2)Sell SIEMENS at 830 with the stop of 840 for the target of  790.All prices pertain to CASH prices.

(3)SELL ONGC AT 1324 WITH THE STOP OF 1355 FOR THE TARGET OF 1225.