Crashed global cues led down moves today with intraday selling patterns between 5030-5045 and supports at lower levels also. Intraday positions are not one sided today and Nifty will again trade near about today trading range(5012-5045) therefore its break out will be next moves confirmation.
Although deep Red closing today but consolidation signals also in today intraday patterns therefore view should be bearish after sustaining below 5012.