• Feb low nifty 4675 to April high 5399,the diffrence was 724,i.e. 15%+ increase to its low.while in the same period dow increase to 12% only,so nearly 3% more over-bought situation than peer dow index

• So indian market adjust its index to dow index in its move,it should be around 4850-4800 if dow trades around 10500 or so 

• I should say from all these points that indian market is outperformer than dow

• Dow index may try to touch its three months low around 9900,so can we see nifty around 4800 or more?????thts the question