the nifty opened with gap down

the reason are mix of local and international events

the us markets sold off yesterday and all the asian indices are down arnad out today 

also today is expiry day so  traders may either roll over thir positions or cut them 

also there is overhang of the rbi credit policy 

so all this is keeping the market down but will this gl oom continue

well i dont think so

in my opinion the us debt crisis is just an unnevessary showoff that is bound to end any time soon

also the market has fallen 4% in 3 days so you cn expect some short covering any time now

so in my opinion going long in this mrket is better strategy than going short it can pay handsome dividends and the downside is low

so hope you mak some money out of it and so do i

so happy trading