Long way to go for Being Bullish in Nifty

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hi friends,

Nifty trading at 5800+ does it all look jolly and gear up to crsoss 6k mark, wel i dont think so the downsidfe is yet to come thats what i feel.Its only the index based script which are a bit outperforming the market and that is obious because when market moves up they move up and when markets come down they are the first ones to come down!!

Important :- midcaps stocks are yet to have a roll in market they have not participated in any kind of rally from 5200 benchmark to 5800 benchmark not appreciated even 10% so keep a close eye on them and start doing cherry picking when nifty breaches 5400 level once again