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Nifty closed above 4820 levels in a fluctuating trading day

Technicaltrendz:No much change in Nifty levels,fluctated between your range all day (bear)

BEAR: Today's market moved as per my yesterdays view,you see Investor Categorywise Turnover in bse site ,DII sold today also.We strongly believe that they are writing calls in 4900 strike prices also from yesterday onwards.

BULL:We will not conclude so fast about this.yes,concerns are there about DII,because a huge amount of money gone towards IPO's and QIP's.In this year DII are more Investing in our market than Foreign institutional investors(FII).But what am saying is market is moving up and buy on declines will be a good strategy.