PROFIT TAKING

I have been writing here almost everyday that markets are taking profits and distribution is going on..as no new cues are there for a upmove....Hope ppl. did take profits to highs now that we are soft and can again enter at lower levels..5080 below we are closing..this has to be retraced fast otherwise bigger correction can be there....Markets should take support in the zone of 5020-30, below which we have strong supports at 4980..for a move back..enjoy the day cheers.