In worst case scenario it may test the neck line at 8250, if that happens then that will be a golden opportunity to
invest in good quality stocks.
Day traders may ignore comments, but for medium and long term investors its an early watch.
Sell Nifty on every rise till 10000. Buying may emerge only after it tests 10000 on closing basis.
Any long trade in bounce backs should be squared off with whatever profits available. Keep tight stop loss for all long positions.