NIFTY VIEW

In my previous post I had said that if we close and trade above 4550 we will see the Bulls coming back to work. Today we are at 4653. How is the road looking ahead. This is one question which is foremost in everyones mind. The first stop for Nifty will be 4725. Will the Bulls be able to take it further to 4818 and finally 5128 or will the Bears win and we retrace back to see new lows? As I have said before I do not prempt the market nor do I have the wisdom to forecast. However what I do have is important levels to watch for and we wait and follow the above levels as it unfolds.