Nifty still in a channel,but the global picture is weak for next one or two days,because Dow Jones is up more than 1200 points from it's low.My swing law suggest at least small meaning full correction in Dow here at this point.With the Dow FTSE also at correction mode...My target of 5180 to 5245 is still intact...but considering global picture and the weakness against strong Asian market,with small not enough unsaturated correction from 5045 to 4964 leads me to exit from my nifty positions.And now i am waiting for good dip to buy again..i may be wrong but i am strictly follows my rules,which gives me almost no loss trades.