nifty chart indicates for the downtrend which will be the 'C wave' near 4800/4700 levelsand if u look on USDINR chart --trading above bullish digonal trend pattern indicates for the tgt. of 49 levels
watch on BUY STER--near 600 levels, short ICICI BANK-- @CMP, buy RELIANCE --near 980-1000 levels