Here comes the good news, Dow jones roughly 150 points up right now and this means if it closes in +ve and that too in good shape, then a minimum 50-100 points gap up opening on monday in Nifty is very much possible and in Sensex a 300 points upside gap opening is possible as well.
We might see a good rebound on monday and those who were strong enough to take long positions today in Nifty will be rewarded on Monday with a positive opening.
4200 is expected to be a resistance, and i Expect Nifty to cross it if Dow closes in the green, and not to mention the Nikkei and Hang Seng which should also open in +ve on monday, as our indices rely on Asian indices as well.
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