Select stocks are in oversold positions & therefore intraday rebound can’t be ruled out & at the same time Select Mid-cap Stock will continue to fall.

NIFTY FUTURE : Last close 10658.25 Technically, Nifty Future is finding continuous support at lower levels indicating a clear buying pattern and accumulation at lower levels…. On the upper side one can expect a test of 10706 at higher levels. There could be a major profit taking led sell-off at higher levels but unless it goes below 10595, there is no danger to this upswing. During intraday if breaks 10595….then expect sharp slide upto 10556 mark in minutes…!!!