I have market some important resistance and support in the market, my view is neutral but I would not trade big on the break down in fact I wont just trade on nifty because there are good supports just below it and can take the sl easily, where as on the upside break out I will be trading with few lots because its Monday and I usually don't trade in index on Monday, but i will try few lots as it shows good in charts. s1 is the major support in the market so I would consider wait and watch on the down side.