Market Today - 15/09/2008

Market opened with a negative node and since morning we seen good sell off in the nifty and we seen all round fresh shorting and nifty lost another 150+ points as expected by me yesterday.in the upper side now its rock resistance around 4100-4200 and we will see again sell off from these levels.market may try to find a support around the very exact area se started a run up and that is around 3800-3790.as usual all the major technical indicators are still in distribution zone and every pull back should be utilized to exit from longs and shorting opportunity.