@Ultrahisham:Stalemate between bulls and bears The bears had the opportunity to pounce on the bearish setup via a gap and go third wave yesterday. However, they did not capitalise on the golden chance presented by a tad higher inflation reading. They were surprisingly meek and the open goal at the 4430 level was not taken. That gave the bulls the confidence to mount a resistance and held the bears back well to give that glimmer of a hope via that diagonal. 4460 must hold and it is holding. Now the bulls must dare enough to surpass 4490 to keep that diagonal alive. Can they do it? Tonight are retail numbers and the closely watched PPI numbers. Looking at how unpredictable the market is, it is hard to say if the numbers might influence much. But the bulls are looking for hope and the slightest bit might