5113 double top broken, But Market not moving as expected due to expiry of contracts

Nifty View: 5113 was broken but Nifty still didnt move to 5180 levels and was finding it difficult to cross 5140 level. Tomorrow is the triple witching day and expiry is most likely between 100 points range of 5050-5180. This expiry will end with almost 10 % appreciation in index levels. Since March 2009 there have been no instance when RSI ( Relative Strength Index) breached 82-83 level, right now also we are somewhat poised at the same level as markets are looking overbought. So we need some consolidation so that we can take out the last intermediate high of 5180 or the correction upto levels mentioned below will make Nifty a perfect candidate for the break out above 5180 5050/5015/4975/4930

Stock View: Satyam Comp

SATYAM has given a breakdown below ( Red Line )98 levels today and is expected to touch 78-79 levels if it breaks 88 because of only 2 reasons

1) 200 dma at 79
2) 78.5 is the 61.8% retracement of the entire rise from 6 to 140.

If 78 is broken on the downside then expect70 or green line to be the next major support



Have a nice triple witching day. Do not go leverage

Regards

Ankit