Nifty is trading above 50/100/200EMAs. Today it closed below yesterdays level despite some fervant buy support from both FII 3088cr and DII 1145cr total 4234 cr net buying. CPR tomorrow is narrow so a trending day is expected. Crude has dropped again to 108USD levels and VIX is marginally above 20. So we could still see some choppiness and consolidation, profit taking etc before moving on. Not yet ripe for a thrust maybe a consolidation tomorrow. What do you think?