Markets globly have begun a relief rally. I guess India too will follow global cues not withstanding Left - UPA problems. I guess now Congress should call the shots in and guess what - markets could give thumbs up. That would be timing.

Anyway it may take much more than 2 days of bounce to remove the bearishness in the markets. I wd say to take the best use of the ride and exit with close SL. Unless charts tell otherwise by next week.

Safe players still need more confirmation. I feel this bearishness needs to play out some more. Most likely by early - mid 3rdQ there should be something happenning